Brief
Short-Term Rental Giant Airbnb Launches $250M Housing Construction Fund
Airbnb is joining the fight to alleviate America’s ongoing housing supply shortage. The online rental housing marketplace announced Monday that it plans to invest $250 million to fill financing gaps
Summary
Airbnb is joining the fight to alleviate America’s ongoing housing supply shortage.
The online rental housing marketplace announced Monday that it plans to invest $250 million to fill financing gaps in the development of affordable and mixed-income multifamily projects.
The firm projects that the $250 million will turn into $5 billion in development capital as […]
Source
- Commercial Observercommercialobserver.com
