Tampa
Feb 18, 2025
X Companies scores loan for co-living highrise
Still needs senior debt to start construction on stalled downtown project
Co-living
Los Angeles
Jan 11, 2025
Man sues Common after rooming with alleged serial killer
Renter claims bankrupt co-living company ignored pleas for help
South Florida
Jan 8, 2025
Location Ventures’ Miami Beach dev site sells for $18M — but investors are frozen out
Court-approved sale of former co-living condominium project resulted in buyers losing more than $10M in deposits
South Florida
Nov 20, 2024
Judge approves $18M sale of Location Ventures’ Miami Beach dev site
Proceeds will pay off lender, but condo buyers will collectively lose more than $10M in deposits
Houston
Nov 18, 2024
Mavik Capital loans $172M for co-living tower construction to resume
X Company’s unfinished project in the Museum District has been stalled for a year after previous funding fell through
Houston
Sep 19, 2024
Stalled co-living tower in Museum District to restart this fall
X Company cleared up construction liens, found financing for 33-story development
South Florida
Sep 13, 2024
Location Ventures’ receiver seeks to sell Miami Beach dev site for $18M
Bernice Lee found buyer for Washington Avenue properties where Rishi Kapoor planned a co-living project
Phoenix
Jul 30, 2024
Co-living apartment project X Phoenix runs out of cash
Contractor Clayco sues developer X Company, claiming $36M for unpaid work
National
Jun 3, 2024
Co-living firm Common files for bankruptcy
Company counted more than 5K units and $110M in venture capital
Houston
May 8, 2024
Construction to resume for X Company resi tower in Museum District
Work on co-living development paused for unknown reasons last fall
San Francisco
May 2, 2024
Nonprofit City Campus unveils co-living project for SF neighborhoods
Ideal vision of communal life would be funded by donations and a real estate agency
South Florida
Feb 28, 2024
Rishi Kapoor faces new lawsuits from South American investors seeking nearly $10M
In five separate suits, nearly three dozen co-living condo buyers allege they were defrauded by the embattled developer
South Florida
Oct 26, 2023
Related, W5 developing co-living apartment project in Wynwood
Pre-leasing of 217 suites begins next month, with monthly rents starting in the $1,800s
Houston
Oct 23, 2023
X Company halts Houston co-living tower
Construction stopped on Museum District building, was scheduled for Q4 2024 delivery
South Florida
Aug 23, 2023
Location Ventures’ Coral Gables dev site faces foreclosure
Lender is suing affiliates for defaulting on $2M loan tied to parking lots slated for redevelopment
South Florida
Aug 7, 2023
Brokerage tied to Coral Gables mayor netted $690K commission on Rishi Kapoor deal
Location Ventures bought dev site marketed by Rosa Commercial Real Estate
South Florida
Aug 4, 2023
Location Ventures ex-CFO alleges Rishi Kapoor’s firm made improper payments to One Sotheby’s
In court deposition, Greg Brooks claims Coconut Grove project’s funds paid commissions for units sold at other developments, among other revelations
South Florida
Aug 3, 2023
Spilling the tea: Rishi Kapoor’s ex-CFO drops bombshells in deposition
Greg Brooks testified that in addition to the FBI and SEC, the IRS is investigating disgraced developer’s management of Location Ventures
South Florida
Jul 25, 2023
Location Ventures hit with $15M foreclosure lawsuit tied to Miami Beach project
Complaint filed by an affiliate of Coral Gables-based Spectrum Mortgage Group
South Florida
Jul 19, 2023
Rishi Kapoor steps down, Location Ventures to cease operations
Cascade of scandals and lawsuits led to developer’s departure