FORT LAUTERDALE, FL – Nuveen Real Estate has selected multifamily real estate operator, Common to manage operations and leasing for two of Nuveen's largest, class A multifamily assets.
Within the new partnership's 575-unit portfolio expansion, Common will run operations and implement innovative technology practices for 331-units at The Edge in Fort Lauderdale's Flagler Village and the brand will additionally assume management of the 244-unit Stella building in Los Angeles.
The expansion represents a significant partnership for the global investment manager; replacing traditional property management firms by selecting a tech-first, co-living start-up.
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