Restaurant Tenants Renegotiate Rent and Mortgages
Restaurant Engine
JULY 17, 2020
A new report confirms what many already knew: mortgage delinquencies are hitting record highs. mortgage borrowers are delinquent on payments — their worst rate since January 2016. Not included are an additional 8% of mortgages now in forbearance. retail commercial mortgages tripled from 3.67% in April to over 10% in May.
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