commercial real estate

WeWork, once thought to be the future of work, files for bankruptcy

The company filed for Chapter 11 bankruptcy in New Jersey as part of a “comprehensive reorganization” of the office space leasing giant.

Buffett, Munger foresee ‘hollowed out’ downtowns on the horizon

Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. “The buildings don’t go away,” Buffett said.