Bank sells repossessed office property for $14M

After three years of repossession, the Renaissance Commons office building in Boynton Beach was sold for $13.9 million to IMC Equity Group. The bank seized the office, retail and self-storage space in Renaissance Commons in 2013 after foreclosing on the $47.2 million mortgage of Boynton Development Associates II. In November 2015, Wells Fargo sold the…

What are We worth?

Venture capital can’t get enough of WeWork (Illustration by Lexi Pilgrim for The Real Deal) TRD Special Report from the New York website:Sporting a Nehru jacket and addressing an audience that included Indian Prime Minister Narendra Modi, Adam Neumann made it clear he didn’t want his company to be thought of as a number. Even if…