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Why Multifamily Loans Remain Resilient in New York
National Mortgage News, Oct. 30, 2020–Laura Alix, Paul Davis (subscription)
Lenders pushed back against the notion that city dwellers’ pandemic-driven flight to suburbia would hurt them. They say fewer landlords have sought deferrals as vacancy rates remain low and rent collections have stabilized.
https://www.nationalmortgagenews.com/news/why-multifamily-loans-remain-resilient-in-new-york