Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the ongoing impacts of the COVID-19 pandemic crisis on multifamily real estate across the United States. Multifamily & COVID-19 Federal Support, Rental Payments and Risk Outlook for 2020 analyzes the effects on multifamily real estate five months into the pandemic crisis and the outlook for the rest of 2020 and beyond.
The paper draws on Phoenix American’s observations as a fund administration provider, conversations with sponsors of its many client real estate funds, as well as interactions with partners, intermediaries and other participants in the industry.
Top takeaways from the report include an analysis of the effect of federal supplemental unemployment benefits, changes in renter behavior and effects on the fundamentals of the multifamily s
