Common unveils property manager for workforce housing

TRD NATIONAL / May 4, 2020

Common, a company known for high-end communal living, is getting into the affordable housing business.

The co-living firm revealed Monday that it has launched a brand geared towards workforce housing. The initial portfolio will be Class B and C multifamily buildings where renters earn 40 percent to 80 percent of the area median income…

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New co-living apartments in D.C.’s Columbia Heights emerge from old church building

Washington Post / Mar 26, 2020

The Mount Rona Missionary Baptist Church at 3431 13th St. NW in the District has been transformed into a shared-living residence with 46 bedrooms in eight apartments. Outlier Realty Capital and Common, a property management company, hired StudioMB to take on the adaptive reuse project in Columbia Heights known as Common Monroe….

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Realty firm expanding city’s affordable-housing stock / Apr 12, 2019

Outlier Realty Capital’s business strategy is simple: Buy older but serviceable apartment buildings, install new appliances and make basic improvements, then rent the units at rates working-class people can afford….

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