Low delinquency of Rents make multifamily lending available.
Good news multifamily rents are still coming in. According to The National Multifamily Housing, council rents have been collected for may at a rate of 87.3%. Apartments that are considered class C have a higher rate of Delinquencies when compared to class A and B multifamily projects. This could be due to the large portion of Americans living paycheck to paycheck. Locally in the Portland Metro region, multifamily delinquency rates are low at approximately 10.9%. My conversat