Finding an apartment is a nightmare. Co-living developer, Ollie, has raised $15m from Aviva Investors' Real Estate Capital Global Co-Investment Fund, in partnership with the Employees Retirement System of Texas, to expand its New York and Pittsburgh offering to Los Angeles, Boston and Jersey City. The company is also looking at expanding into other US cities including Chicago, San Francisco, Seattle, Boston, Washington, DC, Miami, Dallas, Atlanta, Houston, Dallas Fort Worth and Las Vegas. There are currently more people renting property than at any point since 1965, according to Pew Research. Ollie Co-founder Christopher Bledsoe estimated that renters save $1,500 once the perks are taken into account.
Co-living developer, Ollie, has raised $15m from Aviva Investors' Real Estate Capital Global Co-Investment Fund, in partnership with the Employees Retirement System of Texas, to expand its New York and Pittsburgh offering to Los Angeles, Boston and Jersey City. The company is also looking at expanding into other US cities including Chicago, San Francisco, Seattle, Boston, Washington, DC, Miami, Dallas, Atlanta, Houston, Dallas Fort Worth and Las Vegas. There are currently more people renting property than at any point since 1965, according to Pew Research. Ollie Co-founder Christopher Bledsoe estimated that renters save $1,500 once the perks are taken into account.