The multifamily industry has been inundated with headlines regarding how much rent is or is not being collected due to the COVID-19 pandemic. Never before has there been the technology in place to provide real time data on rent payments, especially during an unprecedented slowdown as steep and severe as the pandemic. However, sometimes the headlines can be more volatile than the actual data.
While the industry has gotten better at reporting real time information, there are still gaps which may not provide us with the full picture. As we continue to track this data, readers should understand the strengths and weaknesses of the different reports.
In this report, we explore what these numbers tell us and how to interpret this valuable information. Some of the key considerations include:
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January 20, 2021
Despite the disruptions of 2020, we expect the multifamily market to see improving conditions in 2021.
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