Union Apartment
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Union Apartment was a Los Angeles real estate startup that offered co-living apartments aimed at Chinese students studying abroad. It owned and managed over 200 residential units across three apartment buildings in central Los Angeles housing more than 300 tenants, mostly Chinese students and graduates from universities including USC. Services included an on-site personal chef serving Chinese cuisine and community social events, marketed with the promise of a home away from home.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Union Apartment was founded in Los Angeles as a co-living startup serving Chinese international students, and was accepted into Y Combinator.
- Convertible note
The company raised a $150,000 convertible note from investors including CP Ventures, Zeno Ventures and Family Angel Management Fund, by which time it owned and managed over 200 residential units across three buildings in central Los Angeles.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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