BayVista Corporate Headquarters

32 Awesome CoWorking Space Statistics that will surprise you and Inspire you!

In 2019 Asia Pacific had the largest number of coworking spaces (11,592) followed by EMEA (6,850) Americas (6,293), then United Kingdom (5,923)

By 2022, China is forecasted to become one of the largest market for coworking spaces at 5,000 spaces.

India is forecasted to become one of the fastest growing markets for coworking spaces, buoyed by its large startup ecosystem

Globally, 70% of coworking spaces with at least 200 members are profitable

82% of respondents reported that coworking has expanded their professional networks

64% said their coworking networking was important sources of work and business referrals

On average co-workers interact with 1 to 4 members per day.

83% report that they are less lonely since joining a coworking space

79% said coworking has expanded their social networks

89% report that are happier since joining a coworking space

51% of co-workers strongly feel that they are part of a community while 31% somewhat feel the same way.

In terms of personality types that frequent coworking 30% identify themselves as extroverts, 22% as introverts, and the reminder as mixed (ambiverted).

According to ALLWORK when it comes to requested amenities in coworking spaces, physical and mental wellness take top prize

At 7.7 million square feet, Manhattan has by far that most coworking spaces, followed by Los Angeles with 3.7 million square feet.

In the US, the average monthly rate for coworking space is the highest in Washington D.C. at $843. The lowest is Huston at $220.

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Lori Honore

Community Manager And Administrative Assistant

After securing a bachelor’s degree in psychology at San Diego State University, Lori was a successful entrepreneur herself for over 30 years. She later returned to academia earning a Master’s in MFT/Counseling at the University of Phoenix. Lori joined our team in November 2021, lending her compassion for children, organizational skills, entrepreneurial expertise and love for the San Diego community to Bay Vista’s endeavors at the Lisbon Vista Village Community Center and the development project at Lisbon Vista Heights. She takes special pleasure in promoting interaction, cooperation and compatibility among the Synergy Imperial and Synergy Escondido coworking clients; linking partnerships and collaboration to help co-create greater opportunities for relationships and contributions to their business outcomes. 

Ricardo Curtis II

Senior Project Manager

Bay Vista’s Senior Project Manager Ricardo Curtis II, made an impression on San Diego as a young college athlete choosing San Diego State University over offers from 92 colleges and universities.

After his successful collegiate career, Rico had a 10-year professional football career playing in San Diego, Omaha, St. Louis, Canada and overseas.

Rico began his business career, spending nine years managing vendor relationships at Raytheon Systems as a logistics and facilities manager in planning and procurement. There he secured inventory and ensured the delivery of millions of dollars of protype equipment housed in multiple warehouses. 

Rico currently works directly with Bay Vista’s CEO on cost containment, property acquisitions, handles multiple property operations and is a member of Bay Vista’s strategic planning team. In the general community and as a Aztec Football Legacy Board Member, Rico continues to mentor young men. Despite his old football nickname “The Hitman”, Rico is an emphatically attentive family man and is married to the beautiful talented songwriter and vocalist, Rebecca Jade, who despite her countrywide, international travel and island hoping, he’s always ecstatic to welcome home.

Cheryl R. Lee

Chief Legal Counsel

Cheryl’s focus is expanding Bay Vista’s community-based affordable housing while improving the lives of families. She holds the positions of Chief Legal Counsel, Commercial Real Estate Broker and Chief Executive Officer at Bay Vista Methodist Heights, Inc., a nonprofit corporation focused on senior and multifamily affordable housing in the Southern California area. As a member of the Senior Management team, Cheryl helped Bay Vista enter into a $14.7M Trust Agreement with the U.S. Housing & Urban Development LA Multifamily Hub office in February 2008. She and the Bay Vista Team accomplished the acquisition of 377 Units of multifamily and senior housing in less than 2 years, by converting conventional market housing units into affordable housing. While Bay Vista as the parent company, a faith-based nonprofit corporation continues to lead their efforts, Cheryl has created several subsidiary corporations to protect and manage the company’s properties, acquire additional multifamily and vacant land sites, and create related opportunities, such as the new community-based coworking operations in Escondido and Encanto, CA. Cheryl’s association with affordable housing has been consistent throughout her years as an attorney. She spent several years as Assistant Corporate Counsel at a Southern California Savings Bank, working in mergers, acquisitions, corporate finance bond offerings, and was trained in commercial lending & appraisals, credit analysis and authored the bank’s Community Reinvestment Act Annual Statement. She is now a member of the Board of Directors of Bay Vista, but has served on the Board of Directors of North County Housing Foundation; Esperanza Housing Association, and the San Diego Delta Foundation. Cheryl has spent 34 years teaching, 14 years teaching Banking Law, Securities Regulation, Contracts, Corporations, Agency & Partnership, Secured Transactions, Commercial Law-Sales & Leases, Employment Law, and Equity & Remedies at several American Bar Accredited law schools around the country. She continues to teach in several community colleges in San Diego county. She authored several law review articles published in the California Western Law Review (and cited by the Harvard Journal on Legislation), the University of Michigan Journal of Race & Law, and the Rutgers Computer and Law Technology Journal. She served on the Michigan Task Force on Race & Gender, was honored as the Golden Gate University School of Law Professor of the Year in 2006. Prof Lee is also a member of the California Bar, Michigan Bar, United States District Courts for the Central and Southern District of California, The National Association of Realtors, San Diego Association of Realtors, and has been active in the National Association of Urban Bankers, the Black Entertainment and Sports Lawyers Association, the Earl B. Gilliam Bar Assoc, Jack & Jill of America, Lawyers Club of San Diego, the National Bar Assoc, San Diego County Bar Assoc, Homer S. Brown Bar Assoc, Ingham County Bar Assoc, various Michigan, California and American Bar Association Committees, as well as many Law School Faculty Committees. Cheryl received a B.S. in Journalism & Communications at Northeastern University in Boston, MA; and a Doctor of Jurisprudence at Duquesne University School of Law in Pittsburgh, PA. Cheryl has a grown son and has lived in the community of Rancho Santa Fe, California for the past 18 years. Please feel free to contacther at Bay Vista at [email protected] or 760-781-1393.