ALN is conducting an ongoing survey of more than 60,000 conventional properties around the United States in effort to understand to what extent on-time full rent payments are being made and what measures properties are taking to work with their residents during this challenging and unprecedented period.
Our preliminary look at May data will focus on Texas and all numbers are derived from the responses of conventional properties with at least 50 units.
The dominant story of 2020 across all markets continues to be COVID-19 and the fallout from both the virus and the response to it. The impact is being felt across the economy, and multifamily real estate is no exception. April was the first full month in which a majority of the country was locked down and provides a first full look at what that may look like for the apartment industry. We’ll use this space to highlight some markets that stood out in April.
The dominant story of 2020 across all markets continues to be COVID-19 and the fallout from both the virus and the response to it. The impact is being felt across the economy, and multifamily real estate is no exception. April was the first full month in which a majority of the country was locked down and provides a first full look at what that may look like for the apartment industry. We’ll use this space to highlight some best and worst performing markets in April.
April is in the books and as the first full month in which COVID-19 response measures were in effect for much of the country, industry observers have been anxiously awaiting a look at final results for the month. As part of ALN’s ongoing analysis of the impact of COVID-19 on the multifamily industry, today we take a look at price class performance in the month of April.
The response measures taken in the face of the COVID-19 pandemic began to be felt in earnest in March for much of the US multifamily industry. ALN is conducting an ongoing survey of more than 60,000 conventional properties around the United States in effort to understand to what extent on-time full rent payments are being made and what measures properties are taking to work with their residence during this challenging and unprecedented period.
Our first look at this data will focus on Texas and all numbers are derived from the responses of about 500 conventional properties of at least 50 units.
