Special Report: Multifamily Performance Through Pandemic

Federal Government Action Will Assist Renters in Maintaining Income; Strong Multifamily Fundamentals Pre-Coronavirus Provide Sturdy Framework

April, 2020

 
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Unemployment benefit expansion mitigates financial impact. Many throughout the nation are faced with uncertainty as COVID-19 rattles the economy and labor markets. The federal government has been fast-acting in its response, exhausting numerous fiscal and monetary measures to keep the economy afloat and provide income to those who suddenly face hardships.

Report Highlights:

  • Solid pre-pandemic fundamentals are supporting multifamily position now

  • Large tourism-based economies are facing more direct impacts that will weigh on their labor force. These headwinds may linger until the population feels safe traveling again

  • Multifamily owners will have to overcome hurdles

  • Multifamily remains a solid commercial real estate investment through periods of uncertainty

COVID-19Peter StandleySpecial Reports, Performance, April 2020, Collections, 1