INDUSTRY NEWS 29/30

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Short-Term Apartment Rental Startup's Valuation Hits $1 Billion

Short-Term Apartment Rental Startup's Valuation Hits $1 Billion

Short-Term Apartment Rental Startup's Valuation Hits $1 Billion

Sonder, a short-term apartment rental company based in San Francisco, completed a $210 million round of Series D funding and is now ...

Jul 18, 20202 min read

Investors Pay $77 Million for a Chance to Not Raise Apartment Rents

Investors Pay $77 Million for a Chance to Not Raise Apartment Rents

Investors Pay $77 Million for a Chance to Not Raise Apartment Rents

In a rare reversal of the usual strategy, investors have bought an aging New York City apartment tower with plans to convert all the...

Jul 18, 20202 min read

Apartment Owners Adapt As Short-Term Rentals Show No Signs of Checking Out

Apartment Owners Adapt As Short-Term Rentals Show No Signs of Checking Out

Apartment Owners Adapt As Short-Term Rentals Show No Signs of Checking Out

Once-resistant developers and apartment operators nationwide are beginning to embrace the short-term rental business as a way to add a ...

Jul 18, 20201 min read

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