California and Massachusetts carry the next two largest loan exposures at $1.0 billion across 17 notes and $230.0 million across three notes, respectively. WeWork is a top five tenant at 36 properties that are backed by 50 CMBS deals worth more than $3.3bn. New York contains the biggest WeWork CMBS footprint followed by California and Massachusetts. The company has also been active in other cities including San Francisco, where it opened its first office last year.
WeWork is a top five tenant at 36 properties that are backed by 50 CMBS deals worth more than $3.3bn. New York contains the biggest WeWork CMBS footprint followed by California and Massachusetts. The company has also been active in other cities including San Francisco, where it opened its first office last year.