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Most Retailers Have Now Struck Agreements with Landlords on Back Rent
GlobeSt.com, Sept. 25, 2020–Kelsi Maree Borland
Retailers have struggled to pay rent through the pandemic, and as a result, the retail market has been among the sectors with the lowest rent collections in the commercial real estate. In June, one-third of retail tenants had paid 75% of rent, but in July, that number doubled, with two-thirds of retailers paying only 65% of rent, according to a retail survey conducted by NRF and PJ Solomon.
https://www.globest.com/2020/09/25/most-retailers-have-now-struck-agreements-with-landlords-on-back-rent/?slreturn=20200829145614