Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.
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Apr 20, 2021
Survey results point to returning confidence in commercial real estate values and performance, while momentum for recovery varies across geographies and property types.
The price tag is the highest paid for a Manhattan hotel since the pandemic upended travel.
Markets including Dallas, Atlanta and Phoenix have become hot plays for apartment investors while they wait for some of the top urban markets to recover.
Much will depend on how fast countries can inoculate their populations from COVID-19.
