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PadSplit
PadSplit is an American real estate co-living marketplace headquartered in Atlanta, Georgia. Overview The company provides a single-room occupancy model offered to rent furnished rooms in single-family homes with utilities and Wi-Fi included. According to ''Curbed'', an American real estate website, PadSplit is aimed at working-class members, and it has single room dues from $500 to $750 per month. The median income for PadSplit residents is $30,000 annually and average around $21,000 a year. PadSplit serves as a co-living marketplace, offering furnished room rentals to working-class individuals provided by property owners of single-family homes. History PadSplit was founded by Atticus LeBlanc, Frank Furman, and Jon O’Bryan in Atlanta, Georgia, in 2017. In 2018, the company was selected to participate in the Atlanta Techstars program. In April 2019, PadSplit raised $4.6 million in seed funding Seed money, also known as seed funding or seed capital, is a form of se ...
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Single Room Occupancy
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. SRO units are rented out as permanent or primary residence to individual occupants within a multi-tenant building in which tenants typically share a kitchen, and may share toilets or bathrooms. SRO units range from .Levander, Caroline Field and Guterl, Matthew Pratt. ''Hotel Life: The Story of a Place Where Anything Can Happen''. UNC Press Books, 2015. p. 130 In some instances, contemporary units may have a small refrigerator, microwave, or sink. SROs are a form of affordable housing, in some cases for formerly or otherwise homeless individuals. SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $450 to $705 per month in 2013. The term is primarily used in C ...
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Co-living
Co-living is a residential community living model that accommodates three or more biologically unrelated people living in the same dwelling unit. Coliving has seen a noticeable increase in popularity in recent years globally, concentrated in areas experiencing Affordable housing crisis, affordable housing crises. Studies have concluded coliving enables a more sustainable lifestyle due to shared resources, allowing each individual to consume less energy, water, and space. History Sometime between 1933 and 1934, shared living space was designed in north London called 'Isokon', which was established by Wells Coats. It offered similar amenities, such as a shared communal space, workspace, and things such as a laundry area. It was seen as a part of a greater effort during the intra-war period between World War I and World War II by the Modern Architectural Research Group (MARS) to advance modernist discourse in Britain. Another effort to do this idea was in 1937 by Maxwell Fry (a fou ...
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Fast Company
''Fast Company'' is an American business magazine published monthly in print and online, focusing on technology, business, and design. It releases six print issues annually. History ''Fast Company'' was founded in November 1995 by Alan Webber and Bill Taylor, both former '' Harvard Business Review'' editors, and publisher Mortimer Zuckerman. Early competitors included '' Red Herring'', '' Business 2.0'' and '' The Industry Standard''. In 1997, ''Fast Company'' created an online social network called the "Company of Friends," which led to the formation of numerous meeting groups. At its peak, the Company of Friends comprised over 40,000 members across 120 cities, though membership declined to 8,000 by 2003. In 2000, Zuckerman sold ''Fast Company'' to Gruner + Jahr, majority-owned by media giant Bertelsmann, for $550 million. The sale coincided with the dot-com bubble burst, resulting in substantial losses and a drop in circulation. Webber and Taylor departed in 2002, a ...
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Curbed
Curbed is an American real estate and urban design website published by ''New York'' magazine. Founded as a blog by Lockhart Steele in 2006 to cover New York City real estate, it grew by 2010 to feature sub-pages dedicated to specific real estate markets and metropolitan areas across the United States. Steele once described ''Curbed.com'' as an " Architectural Digest after a three-martini lunch". The site hosted an annual contest, the Curbed Cup, to pick the best neighborhood in each city. In November 2013, Vox Media purchased the Curbed Network, which, apart from ''Curbed'', also included dining website ''Eater'' and fashion website '' Racked''. ''The New York Times'' reported that the cash-and-stock deal was worth between $20 million and $30 million. In 2018, the Curbed critic Alexandra Lange won a New York Press Club award for her story "No Loitering, No Skateboarding, No Baggy Pants." Curbed had expanded to include area-specific editions for Atlanta, Austin, Boston, ...
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Seed Money
Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, venture ...
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Real Estate Companies Of The United States
Real may refer to: Currencies * Argentine real * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Nature and science * Reality, the state of things as they exist, rather than as they may appear or may be thought to be * Real numbers, the set of rational and irrational numbers (and opposed to imaginary numbers) * The Real, an aspect of human psychic structure Sports Africa * Real Republicans FC (Accra), Ghana * Real Republicans F.C. (Sierra Leone) Central and South America * Club Real Potosí, Bolivia * Municipal Real Mamoré, Bolivia * Associação Esportiva Real, Brazil * Real Noroeste Capixaba Futebol Clube, Brazil * C.D. Real Sociedad, Honduras * Real C.D. España, Honduras *Real Maya, Honduras *Real Club España, Mexico * Real Saltillo Soccer, Mexico * Real Sociedad de Zacatecas, Mexico *Real Estelí Baloncesto, Nicaragua * Real Estelí F.C., Nicaragua *Real Madriz, Nicaragua *Real Garcilaso, Pe ...
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Companies Based In Atlanta
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Real Estate Companies Established In 2017
Real may refer to: Currencies * Argentine real * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Nature and science * Reality, the state of things as they exist, rather than as they may appear or may be thought to be * Real numbers, the set of rational and irrational numbers (and opposed to imaginary numbers) * The Real, an aspect of human psychic structure Sports Africa * Real Republicans FC (Accra), Ghana * Real Republicans F.C. (Sierra Leone) Central and South America *Club Real Potosí, Bolivia *Municipal Real Mamoré, Bolivia *Associação Esportiva Real, Brazil *Real Noroeste Capixaba Futebol Clube, Brazil * C.D. Real Sociedad, Honduras * Real C.D. España, Honduras *Real Maya, Honduras *Real Club España, Mexico *Real Saltillo Soccer, Mexico * Real Sociedad de Zacatecas, Mexico *Real Estelí Baloncesto, Nicaragua * Real Estelí F.C., Nicaragua *Real Madriz, Nicaragua *Real Garcilaso, Peru Port ...
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Real Estate Services Companies Of The United States
Real may refer to: Currencies * Argentine real * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Nature and science * Reality, the state of things as they exist, rather than as they may appear or may be thought to be * Real numbers, the set of rational and irrational numbers (and opposed to imaginary numbers) * The Real, an aspect of human psychic structure Sports Africa * Real Republicans FC (Accra), Ghana * Real Republicans F.C. (Sierra Leone) Central and South America * Club Real Potosí, Bolivia * Municipal Real Mamoré, Bolivia * Associação Esportiva Real, Brazil * Real Noroeste Capixaba Futebol Clube, Brazil * C.D. Real Sociedad, Honduras * Real C.D. España, Honduras *Real Maya, Honduras *Real Club España, Mexico * Real Saltillo Soccer, Mexico * Real Sociedad de Zacatecas, Mexico *Real Estelí Baloncesto, Nicaragua * Real Estelí F.C., Nicaragua *Real Madriz, Nicaragua *Real Garcilaso, Peru ...
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Housing Cooperatives In The United States
A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization. They are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting. The cooperative is membership based, with membership granted by way of a share purchase in the cooperative. Each shareholder in the legal entity is granted the right to occupy one housing unit. A primary advantage of the housing cooperative is the pooling of the members' resources so that their buying power is leveraged; thus lowering the cost per member in all the services and products associated with home ownership. Another key element in so ...
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