Most tenants still paying their rent, says NMHC
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 87.7 percent of apartment households made a full or partial rent payment by May 13 in its survey of 11.4 million units of professionally managed apartment uni.....»»
Depleted savings, ruined credit: What happens when all the rent comes due?
Millions of Americans, especially low-income tenants, are accu.....»»
What happens when all that rent comes due?
Millions of Americans, especially low-income tenants, are accu.....»»
S.F. ordinance will waive $21.3 million in rent, fees for SFO concession tenants
Dozens of restaurants and concession tenants at San Francisco International Airport gained some breathing room Friday after Mayor London Breed signed an ordinance authorizing SFO to provide up to $21.3 million in rent and fee relief. The ordinan.....»»
NYC Tenants Owe More Than $2 Billion In Unpaid Rent As Cuomo Extends Eviction Moratorium
NYC Tenants Owe More Than $2 Billion In Unpaid Rent As Cuomo Extends Eviction Moratorium New shocking figures produced by a New York area landlord trade group, the Comm.....»»
Realtor.com acquires local startup Avail
A Chicago startup that makes software for landlords just got scooped up by Realtor.com. Avail, which aims to help landlords more easily screen tenants, collect rent and manage maintenance requests, has been acquired by Move Inc., the parent c.....»»
Can"t pay rent for your business? Don"t do this, attorney says
Winnie Ward, an attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»
Court orders rent stabilized building owner to spend $8M on repairs
A Chelsea property owner has been ordered to pay upto $8 million to renovate his three rent stabilized buildings so the tenants can move back in. A housing court judge this week ordered Amazon Realty Group and its principals Clara Sokol and Abra.....»»
Harsh Reality: Four prominent Baltimore developers await rent payments and a sign of a coming recovery
Baltimore's top developers have spent the last couple months checking in on tenants, making some tough decisions and pushing projects forward......»»
Time is money — and commercial tenants are running out of both
Commercial landlords are in a bind with some tenants unable to pay their rent in full and others just refusing to pay at all......»»
FAQ: Rent strikes during the pandemic
May rent is due, and some tenants are organizing renter strikes. Here's what you need to know......»»
FAQ: Rent strikes during the pandemic
May rent is due, and some tenants are organizing renter strikes. Here's what you need to know......»»
Landlord sues Gap for not paying New York City rent during Covid-19
A landlord is suing The Gap Inc. for not paying rent at its Midtown location the last two months during the Covid-19 crisis. The landlord, 48th Americas LLC, owns the building at 1212 Avenue of the Americas in New York, and alleges that The Gap d.....»»
Tampa International Airport defers airline rates and rent for concessionaires
Tampa International Airport's tenants are financially suffering from the economic downturn of the travel industry due to the Covid-19 pandemic, and in response the airport has chosen to defer rent and rates. The decision to provide relief for a short ti.....»»
Major landlords working on plan to help tenants pay rent
Major city landlords are working with real estate and affordable-housing groups on a plan to help tenants pay their rent, Jeffrey Levine, chairman of Douglaston Development, told Crain's... To view the full story, click the title link......»»
Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount
Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments......»»
Can"t pay May rent for your business? Don"t do this, attorney says
Winnie Ward, a Sacramento attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»
Force majeure unlikely to help Hawaii tenants affected by Covid with rent relief
Force majeure — the literal meaning is a superior force — typically applies to a major event that prevents one party from fulfilling the terms of a contract, in the case of commercial real estate, a lease......»»
Tenants in the US are planning the largest rent strike in decades as the coronavirus cuts off more than 30 million people from their incomes
Julie Jammot/AFP via Getty Images Housing organizers and tenants across.....»»
City"s major landlords working on plan to help tenants pay rent
Major city landlords are working with real estate and affordable housing groups on a plan to help tenants pay their rent, chairman of Douglaston Development Jeff Levine told Crain's... To view the full story, click the title link......»»
Valley cities, state prepare for budget pinch as a result of Covid-19
The state saw more than 72,000 new unemployment claims filed the week of April 18. City officials gave updated information on how many tenants have paid rent in April......»»