Boerum Hill, New York
Baltic's coliving 3BR units rent for a 38% premium PSF above comparable 3BR units in the submarket due to Common's operating platform.
Coconut Grove, Miami
Common Grove brings traditional and coliving units, as well as premium amenity spaces, to Terra Group’s mixed-use, transit-oriented development, Grove Central.
Through intelligent design and operations, Common buildings increase rent PSF as much as 50% and yield on cost by as much as 1.5%. Our partners are able to achieve higher real estate returns while offering renters a better experience.
Our buildings are maintained and run to Class A standards, including standardized financial reporting and budgeting. Our staff works tirelessly to provide Common's residents with a convenient and community-driven rental experience enabled by our Connect by Common app.
Through social media, built-in brand awareness, and SEO and paid media efforts, Common sees over 3,000+ applications a week. Our trained sales team is also equipped to handle the high volume of prospective renters, ensuring that we never miss out on a lead.
We design coliving and traditional units with a data-driven mindset, minimizing inefficiencies for our partners while optimizing the experience of our members. Through a constant feedback-loop, Common’s design model is ever-evolving to serve the diverse and changing needs of today’s renter.
Fill out the form to learn more about partnering with Common and franchising opportunities.
You will also recieve our Intro Coliving Deck with examples of floor plans, a pro forma, and member demographics.