A New York-based startup that aims to “professionalize the AirBnB space” by renting out apartments like hotel rooms acquired Chicago-based Reserve Rentals, extending its reach to eight American markets. Domio paid about $1.4 million to acquire the Chicago company and its stable of 32 units across 10 buildings, co-founder and CEO Jay Roberts said. The deal also offers an “earn-out” between $2 and $3 million based on performance, potentially bringing the total transaction volume to […]
source https://therealdeal.com/chicago/2018/10/26/domio-acquires-reserve-rentals-bringing-apartment-hotels-to-chicago/#new_tab
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