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  "documentTitle": "Blackstone Mortgage Trust, Inc. (BXMT)",
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  "authorName": "Muddy Waters Research",
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  "notes": "Includes screenshots of Cushman & Wakefield listings and WeWork marketing copy to expose discrepancies.",
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      "text": "At the corner of 14th and Peachtree, you'll find a unique coworking space in a Midtown icon that defines modern Atlanta. WeWork Colony Square offers three floors of conference rooms, collaborative spaces, and private offices...",
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      "text": "Building 500 looks to be the only one that has no issues, it's almost 100% leased to Jones Day.",
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      "text": "Overall occupancy is at 83%—from the CLO data (see next page) they own building 100, 300, 400 & 500. Our data confirms: 10% of building 100 was occupied by WeWork. Stated vacancy of 300 is 51% and shadow vacancy is 68.2%. Shadow vacancy of building 400 is 25.8%.",
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      "text": "Colony Square Currently Rated 2 – Myriad Issues",
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