Belgium Coliving Firm To Expand In New York And Madrid
Cohabs, a coliving operator based in Belgium, will use its $70.2 million in funding to purchase buildings and expand its footprint across New York City and Madrid.
Cohabs, a coliving operator based in Belgium, will use its $70.2 million in funding to purchase buildings and expand its footprint across New York City and Madrid.
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Common, one of the leading coliving firm competitors, has acquired Starcity’s management contracts and will wind down the Bay Area company’s brand.
Coliving firm Common Living has announced it will open 1,125 units in Los Angeles this year, with 1,800 additional units under development that will open through 2024.
Location Ventures has purchased a site on Washington Avenue in Miami for $20 million to transform it into URBIN, a new coworking and coliving concept.
Coliving operator Common has taken over thousands of units from competitors who have struggled throughout the past year in an effort to expand and grow its business.
Real estate crowdfunding platform Prodigy Network 17 John Street coworking/coliving development is facing foreclosure weeks after the firm filed for Chapter 7 bankruptcy.
In an effort to be the leading coliving operator in Europe, Berlin-based Habyt has acquired Quarters, its third acquisition since its founding four years ago.
Although many coliving spaces have experienced many challenges over the past year, the massive increase of digital nomads could help boost business within this industry.
Ten affiliates of Berlin-based coliving operator Quarters have filed for Chapter 7 bankruptcy just on the cusp of the company expanding its services across Europe.
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