April 29, 2020
Mystery May: Landlords Armed With April Data Still Unsure What May Will Bring
Here we go again.
For all of the pain April seemed to promise, most landlords — with the exception of retail owners —— were left pleasantly surprised: They recouped close to 90% of their expected rents. But as rent comes due again on Friday following the first full month of the U.S. economy’s near-complete shutdown, what May will deliver for landlords is anyone’s guess.