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Tom Schwartz Is No Longer 'Ashamed' to Have Guests in His Post-Divorce Bachelor Pad: 'Major Rebrand' (Exclusive)

"It's still giving midlife crisis post-divorce vibes, but it's a lot cozier in there," the Bravo star tells PEOPLE

<p>Rich Polk/Bravo via Getty</p> Tom Schwartz at BravoCon 2023

Rich Polk/Bravo via Getty

Tom Schwartz at BravoCon 2023

Tom Schwartz has "rebranded" his current living situation.

The Vanderpump Rules star shares with PEOPLE that he’s reached a “turning point” following his divorce from costar Katie Maloney.

The 40-year-old TV personality is ready to welcome guests over to his current apartment. “I think I wouldn't be ashamed to bring someone in there anymore," he says.

Schwartz's setup looks a little different from what Vanderpump Rules fans saw during the latest season. “My TV in the living room is no longer on the floor. I have a nightstand or a chic TV stand," he adds. “It's still giving midlife crisis post-divorce vibes, but it's a lot cozier in there.”

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“It's no longer the depression chamber. I've rebranded,” he says, reiterating how his current apartment has hit a “major rebrand.”

As for whether or not this is his forever home, the Winter House star confirms his current living situation is temporary.

“It's now my $4,000 a month storage unit that I'm temporarily living in until I either buy a new house or get a new apartment," he says. "So that's how I look at it now, and I'm grateful to have a roof over my head.”

Related: Tom Sandoval and Tom Schwartz Are Headed to Bangkok to 'Celebrate Life' on New Year's Eve (Exclusive)

Schwartz and Maloney, 36, announced their split on their Instagram accounts in March 2022.

Shortly afterward, Maloney shared during an episode of her podcastYou're Gonna Love Me that she and Schwartz were still living together in their house after making the decision to end their relationship.

<p>Scott Gries/Bravo via Getty</p> Tom Schwartz at BravoCon 2022

Scott Gries/Bravo via Getty

Tom Schwartz at BravoCon 2022

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However, the former couple have since sold their Los Angeles home and begun living in their own apartments.

In June 2022, Maloney said an emotional goodbye to her "dream home," explaining on her podcast that she couldn't afford to stay in the house given its hefty mortgage, maintenance and property taxes on her own.

Tibrina Hobson/Getty Katie Maloney and Tom Schwartz in 2017
Tibrina Hobson/Getty Katie Maloney and Tom Schwartz in 2017

Related: Tom Schwartz Admits He's 'Relearning How to Be Single' amid Divorce from Katie Maloney

Maloney shared her goodbyes via an Instagram post with a photo of herself sitting alone in an empty room.

“I hate goodbyes. And this one hurts a lot. The emotions and words are hard to pin down. Closing this chapter on my life feels like attending my own funeral," she captioned the post. "But I'm very much alive.”

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Read the original article on People.