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National Retail Tenant Payment Trends
Which Tenants are paying rent during COVID-19?
For the last two months, retailers have been hit the hardest with temporary closings. Clearly essential retailers, such as grocery stores, are making rent, but even well capitalized national tenants are struggling to pay rent.
March 2020 over February 2020 Retail Sales SOURCE: U.S. CENSUS
April 2020 over March 2020 Variance in Rent Collections SOURCE: DATEX PROPERTY SOLUTIONS
April 2020 over March 2020 Rent Collections SOURCE: DATEX PROPERTY SOLUTIONS
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