{"id":30534,"date":"2025-11-25T16:11:12","date_gmt":"2025-11-25T14:11:12","guid":{"rendered":"https:\/\/scroll.media\/2025\/11\/25\/outpost-merges-with-june-homes\/"},"modified":"2025-12-09T23:39:55","modified_gmt":"2025-12-09T21:39:55","slug":"outpost-merges-with-june-homes","status":"publish","type":"post","link":"https:\/\/scroll.media\/en\/2025\/11\/25\/outpost-merges-with-june-homes\/","title":{"rendered":"Ukrainian-Founded Coliving Platform Outpost Merges With Competitor"},"content":{"rendered":"\n<p>Outpost, a New York\u2013based platform for finding coliving spaces, has announced a merger with June Homes to form the largest coliving operator in the United States. The company revealed the news in a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20251124028242\/en\/Outpost-Merges-with-June-Homes-Becoming-Largest-Coliving-Operator-in-U.S.\">press release<\/a>. The combined entity, OJH Holdings, will be led by Outpost CEO and co-founder Serhii Starostin, with June Homes CEO Mauricio Zuniga serving as the company\u2019s president.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abThe merger was structured as a stock-for-stock combination, with Outpost remaining the manager of the joint project. The new company is valued at roughly $100 million, with revenue of about $65 million,\u00bb Starostin told Scroll.media.<\/p>\n<\/blockquote>\n\n\n\n<p>He added that all of Outpost\u2019s Ukrainian founders remain among the beneficiaries. The company\u2019s office in Ukraine also continues to operate, employing 15 people.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Deal Details<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><p>OJH Holdings will manage roughly 4,000 units across New York, Boston, Washington, Chicago, Los Angeles, San Francisco, and Austin. Of those, <a href=\"https:\/\/junehomes.com\/\" data-mce-href=\"https:\/\/junehomes.com\/\">June Homes<\/a> contributes about 2,600 units, and Outpost around 1,400.<br><\/p><\/li>\n\n\n\n<li>The new company will employ approximately 200 people and offer both of June Homes\u2019 operating models \u2014 standard property management and master-leased coliving, providing building owners with multiple options for partnership.<\/li>\n\n\n\n<li>Annual revenue is expected to reach approximately $65 million. The release also notes that Outpost was already profitable before the merger.<\/li>\n\n\n\n<li><p><span data-preserver-spaces=\"true\">Annual revenue <\/span><span data-preserver-spaces=\"true\">is expected<\/span><span data-preserver-spaces=\"true\"> to reach approximately $65 million. The release also notes that Outpost was already profitable before the merger.<\/span><\/p><p><span data-preserver-spaces=\"true\">The move continues Outpost\u2019s long-term expansion strategy. Since 2019, the company has acquired the portfolios of several operators, including Bedly, interns<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">nyc<\/span><span data-preserver-spaces=\"true\">, and, most recently, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.crainsnewyork.com\/real-estate\/outpost-club-taking-over-common-livings-nyc-sites\" target=\"_blank\" rel=\"noopener\" data-mce-href=\"https:\/\/www.crainsnewyork.com\/real-estate\/outpost-club-taking-over-common-livings-nyc-sites\"><span data-preserver-spaces=\"true\">Common Living<\/span><\/a><span data-preserver-spaces=\"true\">. The merger with June Homes positions the company <\/span><span data-preserver-spaces=\"true\">to potentially become the market leader in furnished, ready-to-rent properties<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p><\/li>\n\n\n\n<li>Financial terms of the merger have not been disclosed. However, the companies confirmed that negotiations, including due diligence and the final closing, took about six months.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe are proud to officially become one of the leading coliving operators in the US,\u00bb Starostin said. \u00abThis partnership is not just a deal. It is the foundation for a category leader. And yes \u2014 we\u2019re aiming high. \u2018The Marriott of Coliving\u2019 is the aspiration, and we\u2019re building the infrastructure, brand, and operating excellence to get there.\u00bb<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">About Outpost<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><p><span data-preserver-spaces=\"true\">Outpost (previously Outpost Club) was founded in 2015 in New York by Ukrainian <\/span><span data-preserver-spaces=\"true\">expats<\/span><span data-preserver-spaces=\"true\"> Shii Starostin and Oleksandr Prykhodko.<\/span><span data-preserver-spaces=\"true\"> Valentyn Marhunskyi and Oleksandr Kostromin were also among the <\/span><span data-preserver-spaces=\"true\">original<\/span><span data-preserver-spaces=\"true\"> founders. The team <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/delo.ua\/business\/ukraincy-otkryli-set-kolivingov-v-nju-jorke-328454\/\" target=\"_blank\" rel=\"noopener\" data-mce-href=\"https:\/\/delo.ua\/business\/ukraincy-otkryli-set-kolivingov-v-nju-jorke-328454\/\"><span data-preserver-spaces=\"true\">invested<\/span><\/a><span data-preserver-spaces=\"true\"> $250,000 of their own funds to launch the company.<\/span><\/p><\/li>\n\n\n\n<li>The business was built around a familiar challenge: housing in major US cities is both expensive and scarce, and, according to Starostin, the situation has only worsened. Many young people can\u2019t afford to rent an apartment on their own, pushing them toward shared living solutions.<\/li>\n\n\n\n<li>Outpost estimates that furnished rooms and coliving units are typically 30\u201340% cheaper than studios or one-bedroom apartments. That price gap makes coliving particularly appealing to renters aged 18\u201334, many of whom arrive in large cities with limited savings and no local network.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Outpost, a New York\u2013based platform for finding coliving spaces, has announced a merger with June Homes to form the largest coliving operator in the United States. The company revealed the news in a press release. The combined entity, OJH Holdings, will be led by Outpost CEO and co-founder Serhii Starostin, with June Homes CEO Mauricio \u2026 <a title=\"Ukrainian-Founded Coliving Platform Outpost Merges With Competitor\" class=\"read-more\" href=\"https:\/\/scroll.media\/en\/2025\/11\/25\/outpost-merges-with-june-homes\/\" aria-label=\"Read more about Ukrainian-Founded Coliving Platform Outpost Merges With Competitor\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":30528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[416],"tags":[421],"class_list":["post-30534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-agreements"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ukrainian-Founded 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