Source: Commercial Observer

Starcity: Co-living Firm Common Acquires Starcity's Portfolio

Co-living operator Common will take over Bay Area-based Starcity's assets and wind down the brand, in the ongoing consolidation of the co-living sector, Common announced Wednesday. Common will acquire Starcity's management contracts, but not its land or development assets, which include a planned 800-unit property in San Jose, Calif. "We're not developers," Common founder and [...]

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$100K-5.0M
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