Topic
Real Estate
2 articles in this thread.
Sonder's collapse shows why platform apartments can't escape their landlord problem
My Sonder stay was good. Its fixed leases, operating costs, and failed Marriott deal were harder to fix than the guest experience.
WeWork's bankruptcy brought the leases back into view
WeWork filed for Chapter 11 in November 2023. Flexible office bookings could not make its long-term lease commitments flexible.