Co-living investor taps C&W to raise $1B fund

Co-living investor Six Peak Capital has tapped Cushman & Wakefield to raised $1 billion in debt and equity to fund its US expansion.

Six Peak invests in co-living projects with Common, a “tech-enabled, community-focused residential brand” that designs and operates traditional apartments and co-living suites.

Common currently manages 30 buildings across New York, Chicago, San Francisco, Oakland, Seattle, Los Angeles and Washington, D.C., at a 98 percent occupancy rate and above-market NOI.