Sandeep Mathrani | |
---|---|
Born | 1962 (age 61–62) Mumbai, India |
Education | Cathedral and John Connon School Stevens Institute of Technology (BA, MS) |
Occupation(s) | Chairman and CEO, WeWork |
Sandeep Mathrani (born 1962) is an Indian-American real estate executive, and was the chief executive officer and chairman of WeWork until he resigned on May 26, 2023. [1] [2] He was CEO of Brookfield Properties' Retail Group and vice chairman of Brookfield Properties from 2018 to 2020. Prior to that, he was CEO of GGP for eight years until it was sold to Brookfield in August 2018. [3]
In 1986, Mathrani obtained his master's degree in Management Science from Stevens. [4] He was mentored by Bruce Flatt, [5] Bruce Ratner and Steven Roth. [4] [6]
Mathrani began as the CEO of GGP Inc. in 2011, just as the company was emerging from Chapter 11 bankruptcy. He was hired away from his previous job as an executive with Vornado Realty Trust. [7] He was CEO until 2018, when it was purchased by Brookfield Property Partners. [8] After the acquisition, Mathrani joined Brookfield as the chief executive of its retail property management arm. [9] [8]
In February 2020, Mathrani was brought on board as the new CEO of real estate company WeWork, following the ouster of its CEO Adam Neumann and the collapse of its IPO. [10]
Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Asset Management. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings. Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018. As of 2024, Brookfield Properties operates corporate offices in nine countries around the world, including China, India, Germany and the US.
GGP Inc. was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa, in 1954, and was headquartered in Chicago, Illinois, from 2000. It was subject to the largest real estate bankruptcy in American history at the time of its filing in 2009.
Howard Hughes Holdings Inc., formerly the Howard Hughes Corporation, is a real estate development and management company based in The Woodlands, Texas. It was formed in 2010 as a spin-off from General Growth Properties (GGP). Most of its holdings are focused on several master-planned communities. It took its name from the original Howard Hughes Corporation, which had developed the planned community of Summerlin, Nevada, and later became a subsidiary of GGP.
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties as of 2021.
SITE Centers Corp. is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein, the company is headquartered in Beachwood, Ohio. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include Shopper's World in Framingham, Massachusetts. Its major tenants include retailers such as TJX Companies, PetsMart, Dick's Sporting Goods, Ulta Beauty, Ross Stores, and Nordstrom.
Annapolis Mall is a shopping mall in Parole, just east of the intersection of Interstate 97 and U.S. Route 50 and in close proximity to the mall's namesake of Annapolis, Maryland. Owned and managed by Centennial Real Estate Management, the mall features 1,416,744 sq ft of GLA, making it the second-largest shopping mall in Maryland after Arundel Mills. As of 2022, the mall features two traditional anchors Macy's and JCPenney, as well as an 11-screen AMC Theatres and prominent specialty retailers such as Forever 21, The Container Store and Crate & Barrel.
The Natick Mall is a shopping mall in Natick, Massachusetts. The original facility was the first enclosed shopping mall in Greater Boston upon opening in 1966; it was demolished and replaced by a larger building in 1994 and expanded in 2007. The mall, with the adjacent Shopper's World power center in Framingham, are components of the Golden Triangle shopping district in the center of MetroWest, situated between Route 9 and Route 30. With 1,695,884 square feet (157,553 m2) of gross leasable area, it is the largest shopping complex in New England. It is owned and managed by Brookfield Properties, a subsidiary of Brookfield Asset Management.
Jones Lang LaSalle Incorporated (JLL) is a global real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and VC investments via its PropTech fund, JLL Spark. The company is ranked 193 on the Fortune 500.
Thor Equities is a real estate development, leasing and management firm, with headquarters in New York City, London and Mexico City. Thor Equities owns property in the United States, Canada, Europe, Russia, India and Latin America, including London's historic Burlington Arcade and the Palmer House Hilton. In New York City, Thor owns retail, office and residential properties on Fifth Avenue and Madison Avenue as well as in SoHo, Flatiron, the Meatpacking District, and Brooklyn including Coney Island. Thor also has investments in major U.S. cities including San Francisco's Union Square; Georgetown in Washington, D.C.; Robertson Boulevard in West Hollywood; Collins Avenue; Lincoln Road; Wynwood and the Design District in Miami. Thor offers investment vehicles for institutional investors through its Thor Urban Property Funds. Thor Equities also has several subsidiary companies including retail advisory and tenant representation firm Thor Retail Advisors.
Colliers International Group Inc. is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 65 countries.
Richard Alan Baker is an American business executive. He is the Governor, CEO, and Executive Chairman of Hudson's Bay Company (HBC) and executive chairman of each of HBC's eight portfolio companies. He is also the owner of National Realty and Development Corp. (NRDC), a US-based private real estate development and investment company, and is the Chairman of the Retail Opportunity Investments Corp. (ROIC), a public real estate company.
Raul Marcelo Claure Bedoya is a Bolivian-American technology entrepreneur, businessman, and investor. He is the founder and CEO of Claure Group, the Executive Chairman of Bicycle Capital, and Group Vice Chairman for Shein.
WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. As of December 31, 2022, the company operated 43.9 million square feet (4,080,000 m2) of space, including 18.3 million square feet (1,700,000 m2) in the United States and Canada, in 779 locations in 39 countries, and had 547,000 members, with a weighted average commitment term of 19 months.
Hilco Global is a multinational financial services holding company. It operates over twenty businesses in five continents and specializes in asset valuation, advisory, monetization capital, and disposition services. Headquartered in Northbrook, Illinois, it has offices throughout the world and provides services to companies, their lenders and professional services advisers across a broad spectrum of business categories including retail, commercial, industrial and financial. Hilco Global delivers services focused on maximizing the value of under-performing and excess retail, consumer products and industrial inventory, real estate, intellectual property, including consumer brands, patents, and accounts receivable. Hilco Global is also considered one of the largest distressed investment and advisory companies in the world.
Brookfield Property Partners L.P. is a global commercial real estate firm that is a publicly traded limited partnership and a subsidiary of Brookfield Asset Management, an alternative asset management company. Its portfolio includes properties in the office, multi-family residential, retail, hospitality, and logistics industries throughout North America, Europe, and Australia. Its subsidiary Brookfield Properties is responsible for the management of these facilities.
Martin Bucksbaum was an American business executive. He served as the chairman and chief executive officer of GGP Inc., a publicly traded real estate investment trust that invests in shopping centers.
John Bucksbaum is the founder and chairman of Bucksbaum Retail Properties, LLC. He was formerly chairman and chief executive officer of GGP Inc., which was a publicly traded real estate investment trust that invested in shopping centers.
Urstadt Biddle Properties, Inc. was a real estate investment trust based in Greenwich, Connecticut that primarily invested in shopping centers in New York, New Jersey, and Connecticut. As of October 31, 2021, the company owned interests in 79 properties comprising 5.1 million square feet of gross leasable area. The company was merged with Regency Centers Corp on August 18, 2023.
Arthur “Artie” Minson is an American businessman. He is president and chief executive officer (CEO) of LeafLink, and a former co-CEO of WeWork.
Sebastian J. Gunningham is the former co-chief executive (co-CEO), with Artie Minson, of WeWork.