. @CBRE is closely tracking rent collections in all the major asset classes, none more so than multifamily. On Wednesday, the National Multi-Housing Council released preliminary data on April rent collections. This data has been widely misinterpreted. https://www.cbre.us/research-and-reports/US-MarketFlash-Multifamily-Market-Outlook-Rebound-to-Begin-in-Q4-2020

Based on historical monthly collection trends, April rents are generally tracking toward 90% rent collection, rather than 69% initially reported. While no asset type is immune from the economic impact of #COVID19, multifamily & industrial are best positioned to weather the storm

As indicated in our MarketFlash report, CBRE expects softness in #multifamily rents and vacancies over the next 6 months, with a bounce back likely to begin in the Q4. In short, multifamily performance should be stronger than some observers anticipate. @ApartmentWire