What’s going on with Multifamily Collections?

If I were to tell you that ~40% of your residents were unemployed, what do you think that would do to rent collections? Would you believe me if I told you multifamily collections were more or less unaffected through May? Probably not. So what’s going on? One of the...

Should I pay my rent?

Over the past 3 weeks, nearly 17 million people filed for unemployment. True unemployment at this moment is about 18%, compared with just 3.5% as of the first week of March. Many of these individuals rent apartments, have little in the way of savings, and find...