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The Yard Secures $15 Million

New York Co-working Space Startup The Yard Secures $15 Million

Real estate startup The Yard announced the completion of $15 million in debt financing from IDB Bank.

The Yard offers a revolutionary shared office space that allows professionals to work together in an innovative community. With locations in Manhattan and Brooklyn, its office collective includes universal 24/7 access to custom spaces, giving clients maximum flexibility with minimum maintenance.

In its announcement, the company said it will use the credit line to expand its co-working offering to startups in New York City.