WeWork’s efforts to renegotiate several of its leases and skip rent payments is causing the price of bonds backed by payments from the company to plummet. Many WeWork tenants have requested rent relief or the termination of their contracts since the onset of the coronavirus pandemic, which has hurt the commercial mortgage-backed securities that rely on rent from WeWork to pay investors, according to the Financial Times. Overall, about $5.5 billion worth of CMBS deals
source https://therealdeal.com/2020/05/11/weworks-rental-woes-slam-cmbs-market/
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