SAN FRANCISCO—Industry professionals continue to keep a watchfuleye on rent payments, which are indicative of the multifamilymarket's health during the health crisis. Numerous studies arebeing released on a weekly and monthly basis to keep up with thepercentage of payments received by landlords.

According to the National Multifamily Housing Council, 80% ofhouseholds paid all or partial rent in May compared to 85% inApril. Moreover, the Mortgage Bankers Association reported that8.16% of all loans were in forbearance as of mid-May as landlordsof all sizes try to get ahead of a protracted scenario involvingnonpayments of rent.

The latest Stessa report further examined mortgage forbearanceand changes to future investing strategy. The report exploring howCOVID-19 is impacting the real estate market is based onproprietary and survey data from tens of thousands of US landlordsand real estate investors.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.