Friday, April 12, 2024
HomeTravelApartment subscription platform Landing acquires housing operator Barsala

Apartment subscription platform Landing acquires housing operator Barsala

a subscription platform that provides members access to furnished apartments in
more than 375 cities across the United States, has acquired Barsala, a flexible
housing operator, for $30 million.

in 2019, Landing said the acquisition will add more than 1,000 units across 11 U.S.
markets to its portfolio.

activating otherwise vacant units using a combination of technology and
marketing, Barsala has built a profitable model and strong reputation,
cultivating deep partnerships with class A multifamily property owners,” said
Bill Smith, founder and CEO of Landing.

acquisition allows us to bring the benefits of our Autopilot platform and
heightened demand from our qualified members to a growing number of property
owners across the country, while opening doors to more fully-furnished
apartment homes in new markets for our members.” 

members pay a fee that gives them access to transfer anywhere within its
network of properties with just two weeks notice and to stay in a property for
any amount of time from a few weeks to several months.

August 2022, Landing
raised $125 million in Series C funding

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