We surveyed real estate companies across a wide range of industry segments in Ohio , Kentucky , and Indiana to better understand the impact of COVID-19 on the industry . 42 companies responded – here ’ s what we learned .
Rent Deferrals
An average of 24 % of tenants have requested rent deferral – with different trends in commercial and residential properties :
No Consensus on Late Fees
30 % are waiving fees , and property owners are also reporting that the biggest factors by far that impact the consideration of waiving fees are tenant relationships and communication .
Offering Solutions
Property owners are working with tenants in other ways – like more flexible payment terms . But they ’ re also keeping an eye on state eviction policies .