Adam Neumann and the household (Credit history: Jackal Pan/Visual China Team through Getty Pictures and Zillow)
WeWork co-founder Adam Neumann is obtaining a chaotic thirty day period. He’s placing up one more residence for sale — an 11-acre estate north of San Francisco.
The Corte Madera, California residence is dwelling to the “Guitar House” designed by architect Sim Van der Ryn. It is set to hit the current market for $27.5 million, all-around $6 million more than Neumann compensated for it in 2018. The assets has not but been detailed on the MLS.
Past 7 days he and companion Jeffrey Dagowitz refinanced a progress web-site in Chelsea with a $75 million loan from G4 Capital Partners. His family members place of work also participated in a fundraising spherical for mobility startup GoTo World.
Neumann has been reshuffling his authentic estate portfolio this year. He’s also in the middle of a lawsuit in opposition to WeWork backer SoftBank following the Japanese conglomerate pulled out a buyout offer that could have netted Neumann almost $1 billion.
In March, Neumann offered residence in the Hamptons for a 50 percent a million dollar loss.
He detailed a triplex in Manhattan’s Gramercy Park community in February for $37.5 million. The exact thirty day period he sold his stake in a San Jose professional portfolio, in accordance to Bloomberg.
Neuman’s Guitar Dwelling has 7 bedrooms, a pool, dwelling theater, racquetball court docket, gardens, and a greenhouse. The interiors have a brown and sand-coloured color scheme. San Francisco is obvious from the residence. [Bloomberg] — Dennis Lynch
