The company expects to close $300 million in multifamily senior loans by the end of January and $450 million to $500 million by the end of the first quarter of 2021.
Called Ownership Portfolios, it provides a view into all assets owned by a single individual or company, including asset mix, location, debt profile and tenant mix of the portfolio.
Rent deferral was the most popular option, followed by rent reduction, rent abatement, early lease termination, applying a security deposit toward rent and downsizing to a smaller space.