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Overall single-family rents increased 3.8% year over year in January 2021.
The company is selling 49 sites in Oklahoma to Casey's General Stores for $39 million in an all-cash transaction.
Initially, the partners committed $200 million of equity to the venture.
Shorenstein Properties is the seller of the 330,000-square foot property.
There are ways around the EPSBA which will still enable landlords to litigate their claims against tenants who fail to pay rent.
Alejandro Mayorkas, who heads the Department of Homeland Security. He played a vital role in revitalizing the program during the Obama Administration.
A typical household spends 7.6% more of its income to rent a median-priced housing unit in 2020 versus 2021.
Newmark expects the transaction, an asset sale under Section 363 of the US Bankruptcy Code, to close soon.
Zillow has found that the more-expensive areas softened the most, providing little respite for renters in lower-priced areas.
The bureau makes clear it sees renters as consumers, many of whom are in need of protection.