Opendoor is shutting down
Over the past 9 years, we have helped define and popularize the concept of “coliving” as both a modern lifestyle and a residential housing product. As the first and longest running coliving company in the US, we paved the way for the broader coliving industry. And with our founders living together in our properties for a combined 10 years, we truly ate, slept and breathed coliving.
As such, it is with great sadness that we’ve come to the decision to close OpenDoor. The decision was made with considerable care and foresight, so as to provide ample time for our real estate partners to transition management smoothly and minimize the impact on our employees, partners and residents. Our 19 properties and 406 units live on under new management, and all residents have retained their housing.
More than ever, we see the need for greater connection, collaboration and purpose in the world. We are proud to have contributed toward the creation of genuine community and know that our mission will live on in our residents and our homes.