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WeWork Executive Tells Lenders Co-Working Isn't a ‘Fad or Trend’

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What Went Wrong With WeWork?

Real estate lenders shouldn’t have a blanket policy against providing loans to landlords that count co-working companies such as WeWork as tenants, an executive for the New York company said Thursday.

“It’s important for lenders to look at the fundamentals of each opportunity and not paint everything with a broad brush, because there’s a lot of noise,” said Candice King, senior director of capital markets for WeWork’s real estate investment platform, known as ARK. She made the comments at a Women in Real Estate conference hosted by the NYU School of Professional Studies in New York.