Tom Schwartz at BravoCon 2023.Photo:Rich Polk/Bravo via Getty

BravoCon 2023 from Caesars Forum in Las Vegas, NV on Friday, November 3, 2023 – Pictured: Tom Schwartz

Rich Polk/Bravo via Getty

Tom Schwartzhas “rebranded” his current living situation.

TheVanderpump Rulesstar shares with PEOPLE that he’s reached a “turning point” following his divorce from costarKatie Maloney.

“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, theWinter Housestar 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.”

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

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

Tom Schwartz at BravoCon 2022.Scott Gries/Bravo via Getty

Sur-ving Up the Latest Vanderpump Rules Panel from the Javits Center in New York City on Saturday, October 15, 2022

Scott Gries/Bravo via Getty

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

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

LOS ANGELES, CA - JUNE 27: Katie Maloney (R) and Tom Schwartz (L) attend Kyle Chan’s 3rd annual #LOVECAMPAIGN Party at SUR Lounge on June 27, 2017 in Los Angeles, California. (Photo by Tibrina Hobson/Getty Images)

source: people.com