Sonder Holdings added more than 25 new buildings across the U.S. to its portfolio in the second half of 2021. The company’s growth covers over a dozen cities, including New York City, Nashville and Seattle. Sonder’s new assets include both hotels and apartment-style long-term accommodations.
Sonder’s East Coast expansion includes buildings in Boston, Miami, New York City, Philadelphia and Washington, D.C. In Washington D.C., Sonder recently opened three new buildings with a total of approximately 300 units in Georgetown, Barracks Row and the Central Business District. In New York City's Tribeca neighborhood, Sonder recently opened a property on Duane Street.
“We’re thrilled to partner with Sonder, a hospitality company that prioritizes thoughtful design and a modernized, tech-forward experience, to operate our second location together at Duane Street,” said Uzi Ben-Abraham, founding partner of Premier Equities, in a statement. “As we enter a new era of travel, we believe Sonder’s flexible self-service model is the ideal way for modern travelers to experience New York City, and we look forward to continuing to work together on more opportunities in the future.”
In the Central region, Sonder added 10 new buildings across Atlanta, Dallas, Nashville, New Orleans and San Antonio in the second half of 2021. Three of those buildings are centrally located in Nashville, including the 45-room Mastrapasqua Asset Management building. In Atlanta, Sonder opened a new building with more than 115 live units in Midtown South, displaying work by local artists and including a gym, yoga room, outdoor patio and restaurant.
In the western part of the country, Sonder added buildings in Los Angeles; Palm Springs, Calif.; San Francisco; and Seattle.
“The U.S. continues to be a high-growth market for us with a strong and varied supply of real estate, and we plan to continue expanding aggressively,” said Martin Picard, co-founder and global head of real estate at Sonder. “Our future-forward model and well-capitalized business continue to attract prominent real estate partners, while our innovative approach to hospitality brings travelers from across the globe to our spaces. Our properties across the United States provide a wide variety of unique urban stays and we look forward to continuing to grow and evolve our portfolio with our current and future real estate partners.”
Sonder has also contracted a number of hotel and apartment style spaces across the country, including partnering with Property Markets Group for a second time in Florida to operate a building with more than 130 units in downtown Miami.
Headquartered in San Francisco, Sonder operates in more than 35 cities across 10 countries, and has more than 16,000 live and contracted units worldwide as of Sept. 30, 2021. The company partners with real estate owners and landlords to manage and operate hotels and apartment-style buildings.