The coronavirus pandemic has no timetable, so it is difficult for businesses to implement strategies to make it through. This task is even harder for owners of workforce housing who don't know how much rent they can anticipate to collect when May 1st rolls around. As many of their tenants have been laid off or furloughed, more and more will be opting to keep their money in their bank account rather than pay rent.
Find out how landlords are dealing with one of the toughest stretches for the CRE community as Bisnow's workforce housing webinar.
During this webinar we will discuss:
-- When a tenant asks for rent relief because they have been laid off or furloughed, do you ask for proof?
-- What kinds of relief have multifamily owners been providing? How sustainable are those kinds of relief?
-- What types of multifamily products are taking the biggest hit?
-- Will we see unemployment rates impact underwriting for multifamily units?
-- What will the multifamily market look like post-coronavirus?
Nelson oversees the operational aspects of the company, including accounting, finance, underwriting, construction, legal and risk management. Since co-founding Integra in 2009, he has managed the development of more than $375 million dollars of...
Philip C. Rosen is Chair of the firm’s Real Estate practice group. His practice is focused on commercial and residential real estate matters and business transactions. With more than 16 years’ experience, he has counseled countless clients through...