Friday 20 March 2020

Coronavirus cascade: How Covid-19 disruption could impact multifamily landlords, lenders

With industries like lodging, retail and beyond experiencing mass layoffs, millions of Americans face the prospect of no longer being able to afford rent. And while local, state and federal authorities have introduced eviction moratoriums across the country in response to the coronavirus crisis, where does that leave landlords with mortgages on their properties? Property owners of “low- to moderate-income” multifamily housing will feel the financial pain first, said Roy Chun, a managing director with



source https://therealdeal.com/2020/03/20/coronavirus-cascade-how-covid-19-disruption-could-impact-multifamily-landlords-lenders/

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