WeWork founder's new venture eyes prime residential real estate

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WeWork founder's new venture eyes prime residential real estate
France Dernières Nouvelles,France Actualités
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Flow — the brand-new company from WeWork founder Adam Neumann that's meant to upend the residential experience — has designs on some of America's most competitive real estate markets.

that Flow aims to "[connect] people through transforming their physical spaces and building communities" within their homes.

Earlier this year, Tim Peterson of Florida-based Altman Cos., hired to manage some of Neumann's new Miami properties,He said that could be potentially nurtured through programming like fitness events, a speaker series or volunteering events.Flow's first three cities have already seen their housing markets transformed by corporations gobbling up single-family homes and turning them into rentals — in the process driving up both home and rent prices.

All three were among the 10 U.S. metro areas with the largest share of homes purchased by corporate investors in the first quarter of 2022, according to

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