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EagleBank Presents: 15 Things You Need to Know

Washington, D.C. Morning Brief Washington DC
Washington, D.C. Morning Brief
May 31, 2018 Bisnow
EagleBank Presents: 15 Things You Need to Know
WeWork Property Fund Raises $400M,
Giving It Huge War Chest To Buy Buildings
A property fund set up by flexible workspace giant WeWork has raised $400M, giving it a platform to potentially buy billions of dollars in assets. According to a series of Securities and Exchange Commission filings from March, WeWork Property Investors has raised $406M of equity. The fund is a joint venture between WeWork and private equity firm Rhône Capital. It started raising the capital in March 2017. 

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