Existing Landlord
🏢 1. Property Owner / Asset Holder
- The landlord already owns the building or property — whether it’s a multi-unit residential space, dormitory-style layout, or underutilized commercial real estate.
- This property can be leased, sold, or co-developed into a CoLiving facility.
🤝 2. Potential CoLiving Partner
- The landlord may partner with a CoLiving operator (or management company) to transform their property into a vibrant shared-living space.
- In this setup, the landlord may:
- Lease the property to the operator
- Share in profits (revenue share)
- Join as an Investor Member (if they put in capital)
- Or simply provide the space and receive a steady rental income
🛠️ 3. Involved in Retrofitting or Renovation
- Depending on the agreement, the landlord may help fund or permit renovations to make the property suitable for CoLiving (e.g., adding common areas, shared amenities, or accessible features for seniors).
đź“ś 4. Lease Agreements with Operators or Residents
The landlord might:
- Lease the whole building to a CoLiving operator (master lease model)
- Lease individual units directly to Resident Members
- Or structure creative lease terms, such as flexible, profit-based models