The world’s biggest co-living company has secured funding to drive its U.S. expansion.
Quarters, a subsidiary of Germany-based Medici Living Group, announced on Wednesday that it has secured $300M in funding from a combination of Medici and W5 Group, the family office of Ralph Winter. The money will be spent over the next three years to launch co-living locations in New York, Washington, D.C., San Francisco, Los Angeles, Chicago, Boston, Philadelphia, Denver, Austin, Seattle and Miami. Quarters already has two locations open in New York and one in Chicago.
The specific location of any forthcoming spaces has not been disclosed yet, but signings will be…