Phone Number: 12*********
Who is URBAN GENESIS
Urban Genesis LLC (UG) focuses on providing affordable, Class-A living experiences in unaffordable urban locations. The prospective UG renter is faced with choosing between expensive Clas...
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Headquarters: Houston, Texas, 77006, United States
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Date Founded: 2013
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Employees: 51-200
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Revenue: $5 Million to $10 Million
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Active Tech Stack: See technologies
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CEO:
Matt Shafiezadeh
Email
Phone
Industry: Real Estate
SIC Code: 6531
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NAICS Code: 531210 |
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Frequently Asked Questions Regarding Urban Genesis
Answer: Urban Genesis's headquarters are located at Houston, Texas, 77006, United States
Answer: Urban Genesis's phone number is 12*********
Answer: Urban Genesis's official website is https://urban-genesis.com
Answer: Urban Genesis's revenue is $5 Million to $10 Million
Answer: Urban Genesis's SIC: 6531
Answer: Urban Genesis's NAICS: 531210
Answer: Urban Genesis has 51-200 employees
Answer: Urban Genesis is in Real Estate
Answer: Urban Genesis contact info: Phone number: 12********* Website: https://urban-genesis.com
Answer: Urban Genesis LLC (UG) focuses on providing affordable, Class-A living experiences in unaffordable urban locations. The prospective UG renter is faced with choosing between expensive Class-A options or undesirable Class-B options. This occurs because new product is delivering to match their desires but does not match their income levels. Currently, 85% of multifamily under construction requires incomes greater than $75,000 per year, the top 20% of the renter base, which means a majority of new housing is missing the heart of incoming workforce formation. UGs strategy is to serve this missing middle with product that rents $200 to $400 less per month than competing Class-A product in equivalent submarkets. The lower rents translate to income levels of $40,000 - $65,000 per year which attracts the missing middle.
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