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The Collective, a global provider of co-living spaces, will open its second U.S. location in Chicago.
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The funding will be used for R&D capabilities and to expand beyond its three cities of Tel Aviv, New York City and Berlin.
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Co-living must be big to succeed — at the moment — and when done well it offers an excellent investment.
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Co-living not a very good idea says Manchester City Council
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Co-living is beginning to roll out in Boston, and it isn't just for millennials.
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The Collective's new scheme will be marketed to local key workers first
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The Collective tiptoes into Manchester and Birmingham co-living as local councils ponder their planning options
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Simon Koster, a former JDS Development Group principal, is now The Collective's head of U.S. Development.
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Co-living providers Common and Quarters are both experiencing issues with rent payments and slowing demand, but their CEOs remain bullish about the concept.
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Birmingham pioneers co-housing as UK planners worry about prospects for co-living
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