Furnished Quarters

What Furnished Quarters does

Furnished Quarters is a privately held, family-owned corporate housing and serviced accommodation company founded in 1998 by brothers Steven Brown (CEO) and Gary Brown (President) in New York City. The company provides fully furnished apartments for stays of 30+ days, primarily to Fortune 500 corporate clients and individual business travelers, with secondary demand from relocating professionals and leisure travelers. Furnished Quarters operates five US offices (NYC headquarters plus Boston, Jersey City, White Plains, and San Francisco) and maintains access to a network of over 100,000 furnished apartments across 800+ global destinations, supported by partnerships that extend reach into EMEA, APAC, Latin America, and Canada.

The company's product platform consists of two core offerings — domestic Furnished Short-Term Apartment Rentals across major US metros and Global Corporate Housing Solutions for enterprise clients — supplemented by the MyFQ guest mobile app and Pet-Friendly Furnished Housing options. Operations run on a 360-degree platform comprising integrated guest service, accounting, and reservation management systems, with PCI-compliant payment processing via Zego. An in-house Interior Design team led by an EVP curates premium furnishings per property. Distribution is hybrid: enterprise field sales through a dedicated Corporate Sales team (toll-free 800 number, corporatesales@ inbox) coexists with self-service online booking for select properties and reservation request forms. Pricing is quote-based, typically $205-$395 per night depending on market and unit, billed monthly, with rates positioned 30%-50% below comparable hotel alternatives.

Revenue is generated through recurring monthly furnished-rental contracts with corporate clients and individual guests, supported by ancillary fee-bearing add-ons such as housekeeping and pet services. The company is NGLCC-certified as an LGBTQ+ business enterprise (LGBTBE), holds EcoVadis Silver sustainability ratings placing it in the top 15% globally, and operates in LEED-certified buildings representing over half of its portfolio. Repeat recognition from relocation management companies (Cartus, SIRVA, WHR Group) functions as both a sales channel and a quality credential. Legal entity is Furnished Quarters, LLC, domiciled in New York, USA; there is no disclosed institutional funding, private equity ownership, or acquisition activity.

Name

Furnished Quarters

Legal name

Furnished Quarters, LLC

Website

https://furnishedquarters.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Furnished Quarters is a family-owned, private hospitality company that provides fully furnished short-term apartment rentals (30+ day stays) for Fortune 500 corporate clients, business travelers, and relocating professionals across five US cities and 800+ global destinations.

Ownership category

akta.pro rank

Product category

Corporate Housing / Furnished Apartment Rentals

NAICS

Accommodation (721), Other Traveler Accommodation (72119)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Extended-stay serviced apartments (weekly/monthly) (THAMACAD)

akta.pro secondary industries

Furnished Monthly Apartments (Urban/Residential) (THAMAFAB), Serviced Apartments & Corporate Housing Providers (THACALAD), Furnished Corporate Apartments (Urban, Mid-Rise) (THAMAHAG)

Keywords

• Furnished apartment rentals
• Corporate housing solutions
• Short-term serviced apartments
• Temporary housing providers
• Extended stay accommodations

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Short-Term Furnished Apartment Rentals: The company generates revenue through rental of fully furnished apartments for stays of typically 30+ days. Rates are location-dependent and vary by length of stay and time of year. The company offers competitive monthly rates with prices 30%-50% lower than average hotels.
2. Corporate Housing Programs: Customized corporate housing programs for businesses across 800+ global destinations, serving Fortune 500 companies and organizations with tailored housing solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Furnished Quarters rents fully furnished, premium-designed apartments for short-term stays (30+ days) primarily to business travelers, corporate clients, and relocating professionals. The company operates its own apartments in major US metros (New York, New Jersey, Boston, San Francisco, Connecticut) and a global network of partner housing in 800+ destinations worldwide, offering flexible lease terms, fully equipped kitchens, 24/7 guest service, and bespoke interior design at rates 30%-50% lower than comparable hotels.

Product overview

Furnished Quarters operates as a unified furnished housing platform offering short-term apartment rentals primarily for business travelers, relocating professionals, and leisure guests. The core offerings consist of Furnished Short-Term Apartment Rentals across major US cities and Global Corporate Housing Solutions with 800+ worldwide destinations. Additional services include the MyFQ Guest App for guest management and Pet-Friendly Furnished Housing options. The company positions itself as a hotel alternative offering rates 30%-50% lower than average hotels, with fully equipped kitchens, flexible lease terms, and premium amenities including 24/7 guest service.

Differentiator

Problem solved

Functional benefit

Products and services

• Furnished Short-Term Apartment Rentals
• Global Corporate Housing Solutions

Quantifiable outcome

• Rates 30%-50% lower than average hotel
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

One partnership is on record.

• NYNJ 2026 World Cup Host CommitteecoreGTM or Marketing Partner · 3 March 2026Furnished Quarters is proud to support the NYNJ 2026 World Cup Host Committee as a supporter, providing furnished housing for guests attending FIFA World Cup 2026. The partnership positions the company to serve media crews, sponsors, and travelers with extended stays near MetLife Stadium.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Blueground: Blueground is a tech-enabled furnished apartment operator with a rapidly expanding global footprint and VC backing. Overlaps with FQ on furnished 30+ day stays and urban corporate markets, but pursues a more vertically integrated, tech-first model targeting both consumers and enterprise.
• Sonder Holdings: Sonder operates a tech-driven portfolio of serviced apartments and boutique short-stay rentals globally. Comparable to FQ on furnished apartment product and urban business-traveler focus, though Sonder skews toward shorter stays and tech-led direct booking.
• Kasa Living: Kasa is a tech-enabled apartment rental operator offering professionally designed, furnished units in major US cities for business and leisure stays. Comparable on the furnished apartment / extended-stay product and urban corporate customer overlap with FQ.
• Locale (Locale Apartments): Locale operates tech-enabled, full-service furnished apartments in select US urban markets targeting business and relocation customers. Comparable to FQ on furnished extended-stay product and corporate customer overlap, though at smaller scale.

Direct peers

• Synergy Global Housing: Synergy provides corporate housing and serviced apartments globally, with a similar enterprise-focused GTM and relocation/RMC channel emphasis. Closest comparable to FQ in scale, customer mix (corporate + Fortune 500), and extended-stay positioning.
• Churchill Living: Churchill Living offers fully furnished serviced apartments for short- and long-term stays across major US cities including NYC. Direct competitor to FQ in the urban extended-stay segment with similar length-of-stay and amenity profile.
• Oakwood Worldwide: Oakwood is one of the largest global serviced apartment operators offering furnished apartments for 30+ day corporate stays. Directly comparable to FQ on customer profile (enterprise/Fortune 500), inventory model, and global footprint, though Oakwood is owned by Mapletree and has more vertically integrated inventory.
• Preferred Corporate Housing: Preferred Corporate Housing is a US-focused corporate housing provider serving enterprise clients with furnished apartments for 30+ day stays. Comparable to FQ on customer profile, service model, and reliance on relocation management companies.
• BridgeStreet Worldwide: BridgeStreet is a global corporate housing provider serving Fortune 500 clients with furnished apartments for extended stays. Comparable business model (relocation-driven, B2B), similar length-of-stay focus (30+ days), and overlapping customer base with FQ.

Broad incumbents

• Airbnb: Airbnb is the dominant alternative accommodation platform with a large dedicated business-travel product (Airbnb for Work) competing directly for extended-stay corporate demand. While the unit economics and product differ, Airbnb for Work overlaps with FQ's business-traveler segment and competes on price and availability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/FurnishedQ
• Facebookfacebook.com/furnishedquarters
• LinkedInlinkedin.com/company/38926
• Instagraminstagram.com/furnishedquarters

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Furnished Quarters