Sonder's Mercy Killing and the Mooch's OZ Misadventure

https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/79/3e/ee/793eee5e-caaa-6ea2-f0c1-3f056b514b97/mza_6853861676479867013.jpg/600x600bb.jpg

The Promote Podcast

ten31 Media

37 episodes

6 days ago

Your Commercial Real Estate Insider guide. From profiles of the biggest dealmakers to skyline-shaping transactions, we bring you the deals, breakdowns and war stories that move the market — for insiders, by insiders. From bad-boy guarantees to CMBS tranche warfare to syndicator sins, we cover it all. Each week, The Promote Podcast explores three of the most interesting and consequential stories in CRE, taking you well beyond the headlines and into the heart of the action. Hosted by the award-winning “Bard of CRE,” Hiten Samtani, founder of ten31 media and author of The Promote newsletter, along with no-BS institutional insider Will Krasne. Also check out our 3x/week newsletter for industry insiders at https://www.thepromote.com/

All content for The Promote Podcast is the property of ten31 Media and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Sonder's Mercy Killing and the Mooch's OZ Misadventure

The Promote Podcast

31 minutes

1 week ago

Sonder's Mercy Killing and the Mooch's OZ Misadventure

This week, we explore why more multifamily REITs are offering themselves up at the altar - there just doesn’t seem to be a real path forward for many of these midsize players in this capital-markets environment. We then look at Marriott’s mercy killing of Sonder and the lessons to take away from yet another high-profile proptech implosion. And finally, the Mooch’s OZ fund was kinda like the Mooch’s White House tenure. Short and painful.

To advertise: Reach out to partnerships@thepromote.com

For feedback: Write us at podcast@thepromote.com - we're taking questions for a special mailbag episode! And please rate us and write a review on Apple.

Up your CRE game: Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Founding memberships open now at https://www.thepromote.com/upgrade

Programming Note: We're off for Thanksgiving Week. We'll see you back here week after that!

Further reading/listening:

Marriott-Sonder Deal: https://www.thepromote.com/p/the-promote-marriott-s-sonderlust-trimont-grabs-the-crown#inside-marriotts-sonderlust
Mooch OZ: https://www.bloomberg.com/news/articles/2025-11-13/scaramucci-s-opportunity-zone-bet-likely-to-be-zero-for-clients
Centerspace: https://www.bloomberg.com/news/articles/2025-11-11/apartment-landlord-centerspace-is-said-to-explore-potential-sale
Sonder Winddown: https://investors.sonder.com/news-releases/news-release-details/sonder-holdings-inc-complete-immediate-wind-down-operations
Cortland's PE Courtship: https://podcasts.apple.com/us/podcast/jpms-roosevelt-run-cortlands-pe-courtship/id1801355295?i=1000718664676