Starcity Properties

Starcity Properties

Starcity Properties was founded in San Francisco with a focus on coliving, a housing model where residents rent private bedrooms in shared apartment suites. The firm's model bundles utilities, internet, cleaning, and community events into a single monthly price. It appeals to young professionals and gig-economy workers in expensive rental markets. The firm targets urban infill locations in the Bay Area and has expanded to Los Angeles. Its portfolio consists of leased-and-repurposed apartment buildings and new-construction projects. Starcity handles leasing, property management, and community programming in-house. No major institutional asset managers or fund partners have been publicly confirmed as backers. The company's professional staff, including leasing agents and property managers, operate from its San Francisco headquarters. The firm has no disclosed AUM or deployment numbers, and no publicly listed executives or board members. No philanthropic or adjacent vehicles have been identified. Starcity's structural differentiator lies in its operational density — it does not just develop housing but manages the social fabric of its buildings. This creates a recurring revenue stream from rent and fees, and differentiates it from traditional multifamily landlords. However, the firm faces regulatory and zoning risks in markets where coliving is not clearly defined as a housing type.