Real Estate Partners
Co-living creates higher revenue opportunities for developers and lower cost of living for renters.
Our real estate partner benefit is two-fold: The shared space model not only offers a higher net income per square foot, but also by targeting a broader target market with fewer housing options, shared spaces are more resistant to a downturn than traditional multi family. While residents do in fact pay less for a unit, developers can fit many more units into a building, resulting in a greater overall return.
Coliving combines private living spaces with shared amenities and common areas. The idea behind coliving spaces is that renters share areas such as living spaces and kitchens in order to accommodate more renters on a single floor plan. This creates higher revenue opportunities for developers and lower cost of living for renters as the cost of shared spaces is amortized over a greater number of bedrooms than in a traditional residential development.