Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
June 3, 2024

Co-Living Firm Common To Shutter After Aggressive Expansion Ends In Bankruptcy

Common Living, one of the largest co-living firms in the country, is shutting down.

Co-Living Firm Common To Shutter After Aggressive Expansion Ends In Bankruptcy

The firm, which had been growing during the pandemic through acquisitions of failed co-living companies, filed for Chapter 7 bankruptcy late Friday, indicating its plans to liquidate assets and cease operations. The filing in the U.S. Bankruptcy Court for the District of Delaware says Common has an estimated $1M to $10M in assets and $10M…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Colliers To Acquire Canadian Engineering Firm In $475M Deal Colliers To Acquire Canadian Engineering Firm In $475M Deal
AI Is Pushing Big Tech And Bitcoin Data Centers Closer Together AI Is Pushing Big Tech And Bitcoin Data Centers Closer Together
Past Due CRE Loans Increase 9% To Highest Level In Over A Decade Past Due CRE Loans Increase 9% To Highest Level In Over A Decade
Former Blackstone Exec’s New Firm Raises $1.25B, Beats $1B Target Former Blackstone Exec’s New Firm Raises $1.25B, Beats $1B Target
Perforation

Developer Plans 65-Unit Affordable Building On Church Land Near U Street

An all-affordable development is being pitched a block away from D.C.’s historic U Street corridor.

Developer Plans 65-Unit Affordable Building On Church Land Near U Street

Boston-based Beacon Communities filed plans for a 65-unit apartment building next to a church at the corner of 10th and V Streets NW with the Historic Preservation Review Board Friday. The development site at 2033 11th St. NW is a single-story daycare building owned by…

Read the full story here.

  Share:  

 
Perforation

Starwood May Be Just The Start: Experts See Problems Under The Hood For Huge CRE Funds

Starwood May Be Just The Start: Experts See Problems Under The Hood For Huge CRE Funds  

A series of multibillion-dollar real estate funds run by some of the biggest names in the investing world are facing liquidity pressures that have become increasingly dire over the last year and have bubbled to the surface over the last two weeks. 

Starwood Real Estate Income Trust, the $10B nontraded REIT run by Starwood Capital Group, on May 23 tightened the limit on the amount of investor redemptions it would pay out to 0.33% of its net asset value per month, down from 2%, as it tries…

Read Full Story

  Share:  
Perforation

In Case You Missed It...

This Week's D.C. Deal Sheet This Week's D.C. Deal Sheet
Starwood Wins Auction For Brookfield's Former K Street Building For $44M Starwood Wins Auction For Brookfield's Former K Street Building For $44M
New Development Site Up For Sale In Fast-Growing NoMa New Development Site Up For Sale In Fast-Growing NoMa
Transit Union Moving From Silver Spring To Newly Acquired Dupont Circle Building Transit Union Moving From Silver Spring To Newly Acquired Dupont Circle Building
Union Market Apartment Building Sold At Auction For $38.3M Union Market Apartment Building Sold At Auction For $38.3M
 
 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 77409