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PlaceMe Acquires Bedly's Boston Portfolio To Become The Largest Co-living Company In Boston

PlaceMe is acquiring the majority of Bedly's Boston properties in a deal recently finalized.


News provided by

PlaceMe

Aug 16, 2019, 10:10 ET

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BOSTON, Aug. 16, 2019 /PRNewswire-PRWeb/ -- PlaceMe is acquiring the majority of Bedly's Boston properties in a deal recently finalized. As a result, PlaceMe has become Boston's largest co-living company, with over 150 fully-furnished bedrooms available for co-living.

Clara Arroyave, CEO of PlaceMe says, "We are very excited to expand our presence and service to become the largest co-living operator in Boston. Over the next few weeks, we will be transitioning the properties and welcoming our new members to the PlaceMe community. Our goal is to make the process hassle-free."

PlaceMe has become Boston’s largest co-living company, with over 150 fully-furnished bedrooms available for co-living

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Martin Greenberg, CEO of Bedly says, "We are pleased to partner with PlaceMe on our portfolio in Boston. We had conversations with a group of different partners and ultimately chose the PlaceMe team due to their focus on the customer experience and their strong understanding of the Boston market. We are working closely with PlaceMe to make the transition as smooth as possible for our members."

PlaceMe has already started operations for most of the new properties and they are now available on the company's website, http://www.placemeliving.com. PlaceMe is offering a 15% discount on the first month's rent to all previous Bedly customers for leases ending April 30, 2020, and will manage the utilities for the Bedly properties starting in August.

About PlaceMe
Launched in 2016, PlaceMe is Boston's leading co-living company. The company provides a convenient and affordable housing solution for students and young professionals looking for a flexible term stay. It not only prides itself on delivering a great customer experience with the least amount of friction but also in creating an inclusive community that strives for equality. In case any support or clarification is needed, the PlaceMe team can be reached at [email protected].

About Bedly
Launched in 2015, Bedly created the co-living category that has created an entirely new way of living across the world. They had more than 600 members and had raised over $7M of capital. Their homes spanned across Boston, New Jersey and New York City. Recently Bedly has entered partnerships with Outpost Club in New York, New Jersey and PlaceMe in Boston to sell its operations. Bedly members who have questions regarding deposits or the transition can reach out to [email protected].

Point of Contact:
Darya Bohushynska
[email protected]

SOURCE PlaceMe

Related Links

http://www.placemeliving.com

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