Landing Secures $180M in Debt Financing to Expand Flexible Apartment Network

Flexible-leasing platform Landing has secured $180 million in debt financing to accelerate the adoption of its subscription-based apartment model and scale its presence across the multifamily housing sector.

Founded in 2019, Landing provides members with access to fully furnished apartments across a growing network of cities, offering flexible stays without the need for long-term leases. The fresh funding will support the company’s expansion efforts, including portfolio growth, enhanced customer service, and increased sales and marketing initiatives.

“Landing offers people a level of freedom, consistency, and convenience they can’t find anywhere else,” said founder and CEO Bill Smith. “No matter where they go—for however long—we guarantee they can feel at home.”

The company has added thousands of units over the past year and now operates more than 7,000 apartments in over 300 properties, according to its website. Smith noted the expansion helps multifamily property owners boost profitability by filling vacant units more efficiently.

Landing introduced its multifamily platform in 2023 to give property owners a streamlined way to monetize vacant inventory. In 2022, the company raised $125 million in Series C funding and acquired flexible housing provider Barsala to deepen its footprint in the space.

As demand for flexible living grows, Landing aims to provide more options and value to both its members and multifamily partners through continued innovation and aggressive scaling.

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Landing Secures $180M in Debt Financing to Expand Flexible Apartment Network

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