United States of America

LA Empire expands property portfolio to Cambridge, Massachusetts

Synopsis

LA Empire, a Boston-based rental and leasing company founded by entrepreneur Ankit Lodha, has expanded its property portfolio to Cambridge, Massachusetts. This new listing features a fully furnished 3-bedroom, 1-bathroom apartment, available as a mid-term rental in the Kendall Square neighbourhood, known for its vibrant business district and proximity to major corporations. Lodha expressed excitement about the expansion, highlighting positive customer feedback and the company's focus on luxury and privacy. With flexible leases ranging from 1 to 11 months, LA Empire aims to provide unique vacation experiences. The company has rapidly grown, amassing nearly 30 properties and assets exceeding 30 million USD.

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LA Empire, the Boston-based rental and leasing company founded by entrepreneur Ankit Lodha, has announced the expansion of its property portfolio to include listings in Cambridge, Massachusetts. With an existing presence in cities such as Boston, New York, Princeton, and Philadelphia, the company is now aiming to host guests in various other areas across the United States.

The new listing features a fully furnished 3-bedroom, 1-bathroom apartment, with all utilities included. This property serves as a mid-term rental (MTR) located in the Kendall Square neighbourhood of Cambridge, a vibrant business district that houses a premier research hub and the Cambridge Innovation Centre. This area is home to numerous corporations, including Amazon, Google, Microsoft, and Facebook, and offers excellent connectivity to downtown Boston and the airport.

Regarding the expansion, Ankit Lodha expressed excitement about the new Cambridge listing, stating, "We are very excited with this new listing in Cambridge. Our initial listings have received great responses and customer feedback, prompting us to push ourselves and grow. We have hosted many notable celebrities and athletes in our vacation rentals who prefer our properties as they are designed with luxury and privacy in mind. All our homes are designed in a way where there is a separate section for them to host and do their operations without disturbing the VIP guests." Lodha further emphasised the company's focus on mid-term rentals, noting that they offer flexible leases ranging from 1 to 11 months, creating a unique vacation experience for guests.

LA Empire has rapidly expanded, acquiring nearly 30 properties and amassing total assets exceeding 30 million USD (approximately 250 crore INR). The company's diverse portfolio includes rentals, vacation homes, corporate housing, and student accommodations.

In conclusion, LA Empire's expansion into Cambridge marks a significant milestone in its growth strategy, positioning the company to cater to a diverse clientele seeking flexible accommodation options. As it continues to redefine the rental market, LA Empire aims to enhance the vacation experience while maintaining a commitment to luxury and privacy.

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