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Clobbered by the Pandemic, Coliving Looks To Make a Comeback

New Data Casts Apartment Concept in Positive Light, but Not All Investors Are Convinced

In exchange for less space, coliving offers cheaper rents, community living and prime locations. Rents at a building operated by Common in Philadelphia start at $914 a month. (CoStar)
In exchange for less space, coliving offers cheaper rents, community living and prime locations. Rents at a building operated by Common in Philadelphia start at $914 a month. (CoStar)

When the pandemic hit, the commercial real estate industry began closely watching the types of properties that could be shut down because users couldn't gather in confined spaces: restaurants, shops and offices. But there was one property type, trying to get established, that was perhaps considered the most vulnerable: coliving.

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