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In 2021, Rentberry started offering a Flexible Living concept that allows people to rent a fully furnished apartment or other real estates in a city of their choice for a short term, from 3 months to a year. [20] [21] In 2022 Rentberry raised capital through a Regulation A offering on the equity crowdfunding platform StartEngine.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
Second, many co-living operators utilize higher density spatial design models to decrease the amount of rent paid by each resident. By operating four or six-bedroom units instead of studios or two-bedroom units, "the rent per square foot of a co-living unit will be much higher than that of a traditional multifamily unit." [16]
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A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases. Space is ...
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