A June survey for apartment rent collections in Oregon and SW Washington illustrates the shifting trends taking place for owners, managers, and tenants, three full months into COVID-19. The latest research by Kidder Mathews shows the number of tenants not paying rent decreased by nearly 3.7% over the last month, while the overall vacancy has increased by almost 1% at the same time.
Data was collected from owners and managers of 308 properties, totaling nearly 10,000 units from June 9th to 12th. The survey was conducted by Kidder Mathews’ multifamily investment team, Jordan Carter, Clay Newton, and Tyler Linn.
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