Restaurant Mortgage Delinquencies Triple
Restaurant Engine
JUNE 4, 2020
Delinquencies on U.S. restaurant mortgages tripled from April to May. retail establishments’ unpaid commercial mortgages increased to 10.14% in May. Restaurants have been one of the hardest-hit retail industries, with sales dropping as much as 89% during the trough of the pandemic. . would rise to 16%.
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