Chris Aiello is the Co-founder and current board member of Six Peak Capital, a real estate private equity firm solely focused on developing environments that change the way we live, work, sleep, and interact with our world. He leads all Los Angeles Sourcing, Acquisitions, Underwriting, Capital Markets, and Development at Six Peak Capital. Chris is also the former Chief Financial Officer and Head of Real Estate Acquisitions & Investments at Pan Brothers Associates.

On this episode of the Mogul Insights podcast, Chris Aiello and Jilliene Helman discuss the affordable turn-key flexible living solution of co-living and changing housing expectations for the post-pandemic world. Chris outlines why co-living is a great affordable housing option that allows renters to more readily support their career, lifestyle, and mobility. Chris also shares his insights on why investors should consider a co-living deal instead of traditional multifamily and how co-living deals are typically financed.

"What's happened over the last five or so years is that technology has made it easier to lease and manage the co-living space." - Chris Aiello

This week on The Reality Mogul Podcast:

• What co-living is, and when the concept got started
• What Six Peak Capital expects from their property managers, how they choose them and how they hold them accountable
• Chris's insights into the demand for co-living during COVID and how his company has managed to keep clients safe during the pandemic
• What happened with rent collections in the heart of COVID, how that compares to Class B workforce housing, and how they leveraged technology to streamline their processes
• Why co-living works so effectively in expensive markets like Los Angeles
• What Chris is looking for strategically when choosing a location for a purpose-built co-living development
• Where Chris sees the co-living concept in 10 years

Connect with Chris Aiello:

• Six Peak Capital Website
• Chris Aiello on LinkedIn

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter