What Sam Zell is offering renters to keep occupancy rates high

Sam Zell’s Equity Residential had a collection rate of about 97 percent for April despite widespread concerns that tenants would be unable or unwilling to pay their rent amid the pandemic, the company reported on its first quarter earnings call. Equity Residential held its call on Wednesday morning, and CEO Mark Parrell maintained that the company was well-positioned to weather the ongoing pandemic despite acknowledging that it would still face challenges moving forward. “Equity Residential

source https://therealdeal.com/2020/05/06/what-sam-zell-is-offering-renters-to-keep-occupancy-rates-high/