The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.0 percent of apartment households made a full or partial rent payment by June 13 in its survey of 11.4 million units of professionally managed apartment units across the country.
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The buyer, a private investor, was secured and represented by Randolph Taylor, associate, and multifamily investment specialist in Marcus & Millichap’s Chicago Oak Brook office.
The continuing long-term decline in turnover has accelerated recently due fewer tenants moving because of the COVID-19 economic downturn
With developers focused—even obsessed—with the often single, urban, and transient millennial generation in the last decade, families were neglected
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NMHC Rent Payment Tracker Finds 80.8 Percent of Apartment Households Paid Rent as of June 6
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.8 percent of apartment households made a full or partial rent payment by June 6 in its survey of 11.5 million units of professionally managed apartment units across the country.