When the National Multifamily Housing Council reported a drop in April rent payments last week, executives acknowledged the numbers could improve as they expected many tenants would be paying late.
Turns out, they were right.
In its weekly update to its rent tracker report, the association found that 84% of apartment households made a full or partial rent payment by April 12, up 15 percentage points from April 5.
Read more...April’s Apartment Rent Defaults Weren't That Bad After All via GlobeSt
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