Adam Neumann may step away from investments in six developments in San Jose, California. The former WeWork CEO’s stake in the sites could be worth more than $150 million, according to Bloomberg. Neumann’s partner on the projects, Urban Community, is reportedly in talks with Westbank Corporation, a real estate firm based in Vancouver. No deal has yet been reached. Urban Community, headed by former eBay exec Gary Dillabough, has made an aggressive push to revitalize
source https://therealdeal.com/2019/12/19/adam-neumann-poised-to-exit-san-jose-developments/
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