Jan
15
German Co-Living Firm to Expand in U.S. With $300 Million Deal
By-
Medici to open Quarters locations in technology-heavy cities
- Funding provided by family office of investor Ralph Winter
Medici Living Group, a provider of communal housing for millennials, is planning a $300 million U.S. expansion as it seeks to increase the global reach of its Quarters co-living brand.
Over the next three years, the Berlin-based firm intends to add 1,300 rooms across U.S. cities with large pools of technology talent, it said in a statement. The expansion will be financed by W5 Group, a family office run by European real estate investor Ralph Winter…
German Co-Living Firm to Expand in U.S. With $300 Million Deal
