LuxUrban Hotels sued for $1.5m over alleged lease violations
US: Miami-based short-term rental operator LuxUrban Hotels is reported to be the subject of multiple lawsuits in New York City over alleged lease violations and unpaid rent, which come to more than $1 million.
CorpHousing Group set to raise $13.5m to go public via IPO
US: Miami-based short-term rental operator CorpHousing Group is going public via an initial public offering [IPO] on the Nasdaq Capital Market.
CorpHousing Group files for $30m IPO
US: Miami-based short-term rental operator CorpHousing Group, has filed with the US Securities and Exchange Commission [SEC] to raise up to $30 million in an initial public offering [IPO]. The company is aiming to raise $30 million by offering 4.3 million units at a price range of $6 to $8, according to Renaissance Capital. Each […]
Q+A: SoBeNY owner Brian Ferdinand on asset class convergence
US: STRz reporter Eloise Hanson speaks to Brian Ferdinand, owner of SoBeNY and managing partner of CorpHousing Group, about the opportunities to operate and manage a diversified portfolio. • SoBeNY is a short-term rental operator which focuses on business travel. What prompted the decision to own and manage your first hotel in Miami? Are you […]
CorpHousing Group announces official launch
New York: U.S.-based short-term apartment rental operator CorpHousing Group has announced it has officially launched. The rental operator prioritises assembling and managing proprietary “Class A” multi-family real estate properties throughout the United States. For the past 18 months, the company has undergone a strategic growth period, in which it scaled up a portfolio of short-term […]