Term Sheet: WeWork stranded in further limbo as office headwinds persist; Commercial real estate M&A loses steam in 2023; AEW chair Jeff Furber’s pending retirement

WeWork is casting doubt on its future viability as rent and tenancy costs keep office stability in limbo; Hodes Weill finds commercial real estate M&A lost steam in the first half of 2023; AEW Capital Management lays out succession plans for the upcoming retirement of longtime chair Jeff Furber; and more in today’s Term Sheet, exclusively for our valued subscribers.