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Sonder’s recent demise left a short-term rental vacuum in the United States. Enter Belvilla. The Amsterdam-based subsidiary of SoftBank-backed OYO Hotels expanded into the United States for the first time, taking control of a handful of Sonder’s former properties, Bisnow reported. Belvilla acquired the rights to 10 of the 79 properties available through Sonder’s Chapter 7 liquidation process. Belvilla, which operates short-term rentals and apartment-style hotel properties, already launched at three of the buildings in question, including two in Long Island City, Queens. Among the other properties it is taking over are buildings in Brooklyn, Seattle, Denver, Philadelphia, Austin and […]

This article originally appeared on The Real Deal. Click here to read the full story.

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