Sonder to Close 80 Locations, Secures $10M in New Funding
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Sonder Holdings, a short-term rental company, announced plans to exit 80 properties across the U.S. and renegotiate reduced rents at another 25 locations, according to regulatory filings on Tuesday. The company also received a $10M capital infusion from a group of investors. Of the 80 properties to be closed, 60—representing 2,300 units—have already shut…