Owners Of Former Sonder Properties Face Challenging Market In Hunt For Buyers, New Operators

Barchart·12/09/2025 02:16:15

Property owners that had leases with the defunct short-term rental company Sonder face an uphill battle as they seek to reestablish cash flow at the properties that were abruptly vacated last month. Owners must now find new operators or sell, but the properties are going to be harder to backfill today than they were three and four years ago when many property owners signed leases with Sonder, particularly in places like Los Angeles, where the hotel market remains depressed.