BDBB Real Estate Edition Key Findings Written Report - Final - Page 7

Real Estate Edition

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 .