Adam Neumann has emerged as the man at the centre of a new residential property network.
Entities linked to the WeWork co-founder have acquired majority stakes in more than 4,000 apartments with a total value of more than $1bn (£740m), according to The Wall Street Journal.
Neumann is tied to investments in properties in cities including Miami, Atlanta, Nashville and Fort Lauderdale, it reported, citing court, property and corporate filings and sources familiar with the transactions. Many of the investments are said to have been made over the past year.