Common is an American
coliving company founded in 2015 and headquartered in
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U ...
. Brad Hargreaves is the company's CEO and founder. As of June 2020, Common manages 48 multifamily buildings in nine cities across the U.S.: New York, Jersey City,
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the wor ...
,
San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...
,
Chicago
(''City in a Garden''); I Will
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,
Washington, D.C.,
Seattle
Seattle ( ) is a port, seaport city on the West Coast of the United States. It is the county seat, seat of King County, Washington, King County, Washington (state), Washington. With a 2020 population of 737,015, it is the largest city in bo ...
, Philadelphia, and Fort Lauderdale. The company has plans to expand to 22 cities across the globe, and has 15,000 beds signed and under development.
In March 2019, Common partnered with New York real-estate developer
Tishman Speyer to launch the brand Kin, whose "buildings will feature playrooms, family-size units and on-demand child care through an internal mobile app that also helps connect families looking to share nannies and babysitters." In May 2020, Common announced the launch of Noah, a workforce housing brand. Noah operates “Class B and C multifamily buildings where renters earn 40 percent to 80 percent of the area median income” and as of March 2020, is operating “500 units over five properties in Hampton Roads and Winchester, Virginia.”
From 2015 to 2017, Common raised $63.35 million in funding. The latest Series C funding round led by
Norwest Venture Partners raised $40 million.
References
External links
* {{Official, https://www.common.com/
2015 establishments in New York City
Companies based in Manhattan
Housing organizations in the United States
Real estate companies of the United States
Privately held companies of the United States