NEW YORK (AP) — WeWork’s new leaders formally suspended a planned stock market debut Monday, as they seek to repair the battered image of a company that appeared to revolutionize the office-rental industry and was poised just weeks ago to go public with a value of nearly $50 billion. WeWork said it will withdraw regulatory filings announcing an initial public offering, which drew tepid interest from potential investors concerned about the company’s money-losing business model and the corporate governance practices of co-founder Adam Neumann, who stepped aside last week as chief executive officer. “We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong,” the company’s new co-chief executive officers, Artie Minson and Sebastian Gunningham, said in a statement. “We have every intention to operate WeWork as a public company and look forward to revisiting the public equity markets in the future.” Click to read more at www.marketbeat.com.

It all started with a single Taco Bell. In 1969, William and Joan Clark founded Realty Income Corp. Their goal: to provide investors with monthly dividends that increase over time. Take a look at Realty Income’s track record, and you might agree that the Clarks succeeded. In July, the San Diego-based firm declared its 589th consecutive common stock monthly dividend at $0.2265 per share, representing an annualized dividend of $2.718 per share. “This is our 50th year as a company and our 25th as a public company,” says President and CEO Sumit Roy, who served as COO from 2014 to 2018, as president since 2015, and as CEO since October 2018. “I’m so blessed to have inherited a company that has such a strong foundation and a very clear mission statement of providing shareholders with dependable monthly income that increases over time.” Realty Income has grown from that initial Taco Bell investment to the nation’s largest net lease REIT, according to Green Street Advisors, with a $19 billion portfolio. According to Realty Income, its total enterprise value stands at approximately $30 billion, with more than 5,900 properties owned under long-term lease agreements with  commercial tenants. Click here to read more at www.mrej.com.

Apartment Guide recently studied rents across the country to check out where the highest increases are and by how much year-to-year.  Researchers at Apartment Guide broke down the numbers by price trends for the country’s 100 most populated cities. The results—Almost three-quarters of the cities showed rent price increases. With Newark scoring the highest at 30 percent. “The major surprises for me from the research was the Newark percentage increase. Cleveland’s rents also headed upwards,” notes Apartment Guide’s Managing Director Brian Carberry. “An ongoing trend we are seeing is younger people who want to live in big cities going back to dorm-style living.  Today about a third of renters are living with roommates,” he adds. Here’s the list of the top ten cities with the steepest rent increases from number ten to one. Sacramento, California, Fort Worth, Texas, Long Beach, California, Cleveland, Ohio, Albuquerque, New Mexico, Fort Wayne, Indiana, North Las Vegas, Nevada, Anchorage, Alaska, Stockton, California, and Newark New Jersey. Click to read more at www.forbes.com.