Apartment Owners Are Getting Slower and Lower Rent Payments

Aerial view of a coastal city with tall buildings and palm trees.

Rent collection is softening in Miami, according to the National Multifamily Housing Council. Apartment rent collections during the coronavirus pandemic are unfolding as a deterioration rather than a collapse that some industry executives expect to keep worsening in coming months.

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Market Update July 2020

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Barry Frette

Barry is a resident of Delray Beach and a Realtor for William Raveis.

He works with buyers and sellers of Luxury, Residential & Commercial Real Estate with focus on Delray Beach and the surrounding area. care of his clients.