“A momentous occasion for the industry”: Joe Fraiman, Lyric, at FLEX
US: Lyric founder and president, Joe Fraiman, speaks to ShortTermRentalz at the inaugural FLEX Conference in San Francisco, calling it a “momentous occasion for the industry”, and discusses investment plans and the future of the master lease model. For more information, visit the Lyric website here.
Lyric to operate Manhattan Q&A aparthotel
US: Furnished Quarters has announced it has formed a strategic alliance with Lyric for the latter to operate Q&A Residential Hotel in Manhattan. Lyric, which recently raised $160m in a funding round led by Airbnb, claims to be “the leading tech and data-powered real estate and lifestyle hospitality company”. The firm will now have its […]
Lyric raises $160m in Series B round with Airbnb
US: San Francisco-based apartment provider Lyric has raised $160 million in a Series B financing and debt financing led by Airbnb. The round was also led with participation from investors including Tishman Speyer, RXR Realty, Obvious Ventures, SineWave, former Twitter CEO Dick Costolo and former Twitter COO Adam Bain, Starwood Capital Group cofounder and chairman […]