How Quarters’ $300M US expansion ended in bankruptcy
Developer Dana Spain was weeks away from finishing construction on a $20 million co-living project when she learned her...
Co-living
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Quarters, the “WeWork of co-living,” files for bankruptcy
Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to...
National
Starcity scoops up co-living rival Ollie’s assets
Co-living startup Ollie has been scooped up by a well-funded rival, after the pandemic took a toll on the...
National
Repositioning resi: Common’s Brad Hargreaves on the future of co-living and prepping for a WFH world
“Schlep blindness.” That’s what Common CEO Brad Hargreaves said is needed to bring about change in the U.S. multifamily industry, which is valued at...
National
Common names Alicia Glen to board
Fresh off a $50 million funding round, co-living startup Common has named former New York City housing czar Alicia Glen to its board of directors. The move comes as the company, an early evangelist...
National
Common raises $50M, eyes housing for remote workers
With its eye on housing for remote workers, co-living startup Common has raised $50 million in new funding. The...
“Schoolyard-style” dispute between landlord and co-living firm
After being sued for bailing on its lease as New York City became the epicenter of the coronavirus pandemic,...
National
Co-living execs offer glimpse at occupancy rates
Before the pandemic, co-living executives were looking to capitalize on demand for shared, low-cost accommodation — specifically targeting young...
National
WeWork may abandon WeLive
WeWork is considering ditching its co-living business. The Sandeep Mathrani-led firm is working with an adviser on options to hand over operations of its two communal living locations in New York City and outside...
Landlord sues co-living firm for bailing on lease
A lawsuit accuses German co-living firm Quarters of “opportunistically” bailing on an $8 million lease in Brooklyn just as...