WPD Management, a property management company operating throughout the south side of Chicago, launches WPD Cares. The initiative aims to give back to residents, communities served and employees. “We’ve seen the impact the pandemic has had and wanted to create a more formal approach to the frequency, programming and support offered to our residents,” said Patrick Ryan, COO...
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate President Biden’s prompt and well-intended action to address the ongoing financial struggle of our nation’s 40 million renters. However, NMHC and NAA continue to raise serious concerns about eviction moratoriums because they do not address underlying financial distress and leave households accumulating insurmountable levels of debt....
With a diversified portfolio of Class A multifamily across 10 downtown Chicago neighborhoods, Luxury Living Chicago Realty (LLCR) is uniquely positioned to provide valuable data on how leasing has been impacted by the COVID-19 crisis. In comparing year-over-year leasing data from the same 11-week period from mid-March to the end of May, the results yield a surprisingly positive outcome, resulting...
Payment level represents a payment rate of 98.1 percent compared to May 1-6, 2019 The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.2 percent of apartment households made a full or partial rent payment by May 6 in its survey of 11.4 million units of...
Share of residents who paid in April increased by 5 percentage points compared to last week The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi The National Multifamily Housing Council (NMHC) found that 89 percent of apartment households made a full or partial rent payment by April 19 in its survey of 11.5 million units of...
