Ollie is an operator of coliving housing. Ollie helps coliving hosts market and manage their shared spaces.
Property owner hosts sign up for Ollie, and Ollie handles marketing services, such as posting on listing sites and pricing units, as well as property management services when a tenant is secured, such as rent collection, customer support, and maintenance.
According to most sources, Ollie charges a management fee to hosts for occupied units or captures a premium on rent over a predetermined lease price.
June Homes likely generates most of its revenue from management fees or premiums on rent over predetermined lease prices.
Ollie was acquired by Starcity, a coliving operator, in December of 2020.