Multi-Housing News names Common the Gold Winner at the 2021 Excellence Awards
New York, NY, December 6, 2021 — Common, the global residential brand that designs, leases and manages apartments across the world, was selected as the gold winner for property management company of the year as part of Multi-Housing News’s prestigious 2021 Excellence Awards. This is the 15th edition of the awards program that recognizes the multifamily industry’s outstanding deals, projects and professionals. Gold is the highest honor in the category.
Common has been redefining property management since 2015. In an industry that has not changed in decades, Common offers a centralized operating and marketing platform that brings technology to the forefront and allows for consistent brand communication and management throughout all of its properties. This innovative approach is what differentiates Common and distinguishes it as the property management company of the year. Common has moved beyond its original coliving offering and expanded rapidly into managing traditional apartments and workforce housing across the country.
“This wonderful distinction speaks to Common’s dedicated team. We started with a single brownstone in Brooklyn over six years ago. By strategically applying technology and delivering on our promise to make city life easier for renters, we’ve been able to bring our unique brand to some of the most sought-after cities in the world,” Common Founder and CEO Brad Hargreaves said. “In 2021 alone, Common has opened 38 properties, and we are looking forward to bringing our high standard of property management to even more buildings in 2022. This is just the beginning for Common.”
Common currently manages over 7,000 units with over 22,000 signed units under development in 22 cities across the globe. This past year, Common acquired management agreements from its biggest competitor Starcity, expanded to growing markets like San Diego and Saint Paul, added former Deputy Mayor of New York City Alicia Glen to its Board of Directors and raised $50 million in its Series D venture capital funding round from Kinnevik. In 2022 Common plans to open its first units in the UK and expand its workforce housing brand Noah into more markets in the US.
“This year we had more entries than ever before, and the judges worked diligently to select the best. Common certainly stood out to them,” Editor-In-Chief of Multi-Housing News Jessica Fiur said.
Common is a residential brand creating a better kind of multifamily property manager through innovations in technology, design, and operations. Common delivers exceptional experiences for renters across twelve cities and over 7,000 units in coliving, microunit, and traditional apartments. They are the preferred choice for both residents looking for a stress-free and all-inclusive living environment from a trusted brand, and for real estate owners seeking reliable, above-market returns. The Common platform also includes workforce housing management brand Noah and family-first operator Mily. With over 22,000 units signed and under development and over $110 million in venture capital investment, Common is expanding into 22 cities across the world. To work with us, visit our partners page or follow us on instagram at @common.living.