What You Need Know About Rent Concessions and Lending during COVID-19

Posted by & filed under Rentals.

April was the first month many tenants were unable to pay their rent due to COVID-19 restrictions. With an estimated 1 in 10 Americans now unemployed, property owners are facing a greater number of rent delinquencies than they’ve seen in recent times. Unfortunately, that trend isn’t likely to change as the federal, state, and local… Read more »

Evictions during COVID-19: What You Need to Know

Posted by & filed under Property Management.

COVID-19 has had drastic effects on nearly every aspect of society, including the housing market. As millions of Americans have become temporarily furloughed or unemployed, state and local governments have responded to the threat of mass evictions in a variety of ways. Some areas of the country have completely closed their local courts, effectively suspending… Read more »

How Covid-19 is Affecting the Multifamily Market

Posted by & filed under Property Management.

The spread of Covid-19 came on rapidly, bringing with it panic and equally rapid economic contraction. This has created an atmosphere of fear and volatility that’s not typically seen in public markets. With the current situation, you may be wondering what might be in store for the multifamily housing industry. While there’s no way to… Read more »

State and Local Lawmakers Pause Evictions During Covid-19 Outbreaks

Posted by & filed under Housing.

In response to Covid-19 outbreaks across the country, many non-essential businesses have shut down in order to slow the spread of the virus. These proactive measures have led to many people being unable to work and in some cases even losing their jobs. Since many people are no longer working, many major U.S. cities have… Read more »