Node is an owner and operator of coliving housing. Node develops, owns, and operates coliving properties.
Node develops, acquires, and renovates properties to convert them into co-living properties. It then handles the marketing and operations for these properties, handling inquiries from prospective renters and ultimately supporting the renters that move into a property.
Node's rental prices vary significantly by market and occupancy rates of a given property, so there is no consistent cost structure for Node.
Node likely generates most of its money by charging rent to coliving tenants. It may also generate income from the appreciation and sale of any properties it owns. There are also likely other sources of income like ancillary services such as parking, insurance, and other referral partnerships.
Node is privately held.