Rent Collections in the Second Quarter Were Healthy for Most Types of Commercial Real Estate
Second quarter rent collection data released by REIT’s reveal that over 95 percent of medical office, multifamily, office, and industrial tenants were able to meet obligations despite the economic disruption. However, expiration of stimulus and stubbornly high unemployment may press on collections in the third quarter for some property types.
Key Features Include:
- Rent collection data for six property types
- Expectations for third quarter collections
- Property fundamentals in the second quarter