Commercial Landlords Pinched As Retailers, Theaters, Gyms Skip Rent Payments
PYMNTS
NOVEMBER 6, 2020
As property executives report their quarterly earnings, some landlords are starting to put the squeeze on retailers that have skipped rent payments as a means to survive pandemic-triggered lockdowns. On the flip side, some 98 percent of footwear retailers paid rent last month, and 96 percent of craft stores paid.
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