Rent Collection For Mid-Market MultiFamily Looks solid for spring, But Summer could be another story.


Rent Collection For Mid-Market MultiFamily Looks solid for spring, But Summer could be another story.

In the first few days of April, most people thought at best 50% to 60% of rent would be paid, Essex principal Steven Livaditis said. 

However, after that first weekend, more rental payments started to flow. Most owners were at 75% to 85% and right now, for the month of May, we are on par at those same levels......see more.
https://www.bisnow.com/chicago/news/multifamily/rent-collection-for-mid-market-multifamily-looks-solid-for-spring-but-summer-could-be-another-story-104372