Friday, May 29, 2020

Seattle-based Airbnb rental startup Loftium misses its own rent payments, slashes staff as coronavirus undercuts business


For many tenants, living in a home managed by Seattle-based Loftium was a dream come true: a desirably located house, loft or townhome, in an expensive city, with affordable rent. Landlords, for their part, loved the ease and sense of stability that came with signing a lengthy contract with a well-funded company that promised to vet […]

source https://www.seattletimes.com/business/real-estate/seattle-based-airbnb-rental-startup-loftium-misses-its-own-rent-payments-slashes-staff-as-coronavirus-undercuts-business/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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