Why this former BMW exec is betting big on co-living

Quarters is a co-living startup that offers short-term, turnkey, services- and amenities-rich, community-style urban housing. Seen as a no-hassle landing place for a nomadic class of young workers and entrepreneurs moving to new cities, Quarters offers co-living in the form of rooms and shared apartments inside buildings with community-focused common spaces. With flat rates and flexible monthly leases for as little as three months, Quarters offers something like a college dorm for adults, with living accommodations and social activities combined in the same building.

A 2019 report on co-living from Cushman and Wakefield showed that co-living companies had secured more than $2 billion in global financing.