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.