Rooms On the Way: Smaller Projects Gain Favor - San Fernando Valley Business Journal
Increased construction costs and high interest rates are taking a toll on hotel construction in Los Angeles and the rest of the state.
Source: sfvbj.com
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LA-based Co-living Company, Tripalink, Sees Exponential Growth by Operating Both Traditional and Potential Co-living Apartments Nationally
rooftops with immaculate views of the LA skyline These five new properties, plus the new co-living ones in Seattle and Philadelphia, bring Tripalink to a total of 1,200 new bed spaces in Q1. About 20% of them are co-living spaces. By the end of this year, Tripalink foresees an increase of over 5,000 beds nationally. Tripalink diversifies its portfolio by operating more traditional apartments, transiting to a residential brand favored by younger generations from a pure co-living company. Their main focus of expansion is in the traditional apartment marketspace in addition to co-living apar...
Source: prnewswire.com