Common is an American

coliving Co-living is a residential community living model that accommodates three or more biologically unrelated people living in the same dwelling unit. Generally coliving is a type of intentional community that provides shared housing for people with s ...

company founded in 2015 and headquartered in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. 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 world' ...

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 , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...

, 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 Tishman Speyer Properties is an American company that invests in real estate. History The firm was founded in 1978 by Robert Tishman and Jerry Speyer. In March 1988, the company announced its first project in Europe, the construction of a 70-s ...

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 Norwest Venture Partners (Norwest) is an American venture and growth equity investment firm. The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, ...

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