With unemployment levels still high and extended federal benefits now expired, more renters will have trouble staying current in the months ahead.
The share of late FHA loans rose to almost 16 percent in the second quarter, up from 9.7 percent in the first.
Many elected leaders enacted emergency bans on evictions as part of COVID-19 relief measures. Those have now come to an end in some states.
Multifamily executives grappled with how to keep residents and on-site staff safe from infection. Now they’re returning to offices themselves.
Tenants at class-C apartment buildings paid 54 percent of their total rents due for the month by the middle of June, according to LeaseLock.
A rental building designed by Danish architect Bjarke Ingels is slated to open in East Harlem in September, as Manhattan lease signings plummet.
In this episode of Common Area Podcast, David Bodamer shares highlights from NREI's Midyear Market Trends and Outlook supplement and CBRE's Midyear Market report.
Boston Common plans to approach lenders and owners of REITs about continued forbearance and their preparedness to renegotiate, lengthen or forgive loans.
COVID-19 will pass eventually. The question is how large of an exodus cities will suffer, and how long it will last.