Skift Take
When residents of an apartment complex are away, Orion Haus lists and rents the units on their behalf as short-term rentals. A major new deal makes Orion Haus the largest of the apartment management companies, such as Daydream and Natiivo, that are professionalizing the short-term rental sector.
A new management company in the U.S. is actively helping tenants in apartment developments rent out their units to travelers through Airbnb and other booking agencies.
Orion Haus, based in Miami, said last week it would start managing 1,588 units across 10 communities in Texas, Tennessee, Florida, and Georgia. The deal with building owners made the brand the largest U.S. home-sharing management company in the U.S., the company said. Next week, it will open its first property to tenants in Jackson, Mississippi.
Orion Haus joins other companies, such as Daydream Apartments and Natiivo, in not only cashing in on the metronomic growth in homesharing, but also helping the landlords of multifamily complexes keep their lease levels high. But a major headwind on the trend is that some cities, such as Boston and Austin, and some condominium boards and homeowners associations, restrict or essentially ban tenants from subletting their units as short-term rentals.
"We are only going where short-term rentals are above-board," said Cindy Diffenderfer, Orion Haus co-founder and CEO. "We're not going into communities to change legislation, zoning, or permitti
