Local and regional tenants paid 87.12 percent in rent collections—compared to 59.01 percent a year ago. On a month-over-month basis, movie theaters showed the greatest improvement in rent collections, from 54.22 percent to 63.35 percent.
A large percentage of restaurants won’t be able to pay their June rent, reports Restaurant Dive. A Forbes Real Estate Council article argues that higher inflation will drive more money into property investments. These are among today’s must reads from around the commercial real estate industry.
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