Exclusive survey results point to returning confidence in commercial real estate values and performance, while momentum for recovery varies across geographical and property types.
Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.
President Biden plans to ease the affordable housing shortage by pushing local governments to change zoning regulations, reports Reuters. U.S. schools are expected to be fully open for in-person instruction by September, according to new comments by CDC director Rochelle Walensky. These are among today’s must reads from around the commercial real estate industry.