Coliving Operators Outpost, June Homes Merge for Combined 4,000 Units
New York-based coliving operator Outpost said Monday it has merged with June Homes, creating the largest coliving operator in the U.S. The combined company, known as OJH Holdings, will operate roughly 4,000 units across New York City, Boston, Washington, DC, Chicago, Los Angeles, San Francisco and Austin. The combined entity will be led by Outpost CEO Sergii Starostin, while June Homes CEO Mauricio Zuniga will become president of the new entity.
The merger brings together two companies that have taken notably different paths through a turbulent period in flexible housing, with a focus on fundamentals: strong operations, disciplined cost control and deep partnerships with landlords, Outpost and June Homes said.
“We built Outpost to be the reliable operator in a very unpredictable industry,” said Starostin. “Where others chased growth at any cost, we focused on choosing great projects, controlling expenses and treating every building owner like a long-term partner. That discipline is exactly what we saw in June Homes’ team and are excited to merge the two entities to continue growing while so many others have disappeared.”
Attend Connect Southeast Multifamily on December 4th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout