European co-living company Quarters raises $300 million for substantial U.S. expansion

Whether it’s because they’re attracted to communal, dormitory-style living or because that’s all they can afford these days, Millennials and other younger generations are increasingly turning to co-living as a housing option. The idea has taken off in recent years, with several different companies beginning to expand on the idea of shared living. And now, one of Europe’s largest co-living developers is planning to make a big push in the U.S.