The Fine Print: ‘Adult dorm’ and college apartments


Here are several real estate transactions that were effectuated recently.

60,000SF

Spain Property Group has engaged Quarters, a co-living apartment operator, to manage a new seven-story multifamily project in Philadelphia under development at 1150 N. American St. in Northern Liberties. Quarters is part of Berlin, Germany-based Medici Living Group that seeks to become the “WeWork of co-living.” The project will have 186 units across 60,000 square feet. Spain is developing the building in partnership…

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