WeWork’s Michael Gross Nabs $28 Million Brentwood Estate

The listing, which refers to the double-gated property as a “World-Class Celebrity Compound,” reveals that the French Normandy-esque compound features a large motorcourt, a detached three-car garage with guest quarters and a chic main mansion with wide-plank hardwood floors and formal living, dining and billiards rooms.

The Newest Home Purchase For Michael Gross – Photo – Coldwell Banker/Hilton & Hyland

 

 

As the We Company — better known as WeWork — mulls a widely rumored IPO, pundits continue to debate the $47 billion mega-unicorn’s longterm financial viability. The currently unprofitable, Manhattan-based co-working space behemoth is looking to raise $4 billion in debt financing this year and has already raked in $8.4 billion from confident investors, though it continues to post hundreds of millions in quarterly losses. But finances aside, the firm’s epic growth and reach cannot be denied — the nine-year-old startup has over 5,000 employees and 100,000+ members across hundreds of locations worldwide.

And any perceived business concerns, real or imagined, haven’t dissuaded WeWork’s top execs from investing their healthy personal earnings into luxury real estate. Take CEO Adam Neumann, who recently inked a $35 million deal for a four-unit Manhattan spread. And then there’s vice chairman Michael Gross, who earlier this month forked over exactly $28 million for a remarkably fancy tennis court estate in Brentwood, out on L.A.’s perennially desirable Westside.

 

 

Read and see the images at ‘WeWork’s Michael Gross Buys Mansion in Brentwood

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