100% July rent collections
We recently provided an update on last quarter’s performance as well as the temporary lease accommodations we made to certain tenants, and are now pleased to report that we have collected 100% of contractual rent obligations due in July based on the revised budget.
This follows a strong quarterly performance. An overview of the portfolio can be found here.
Our focus today is on generating an acquisition pipeline that targets properties which may be forced into a sale at more attractive pricing than we have seen in the recent past. It will likely take time for these opportunities to emerge, so patience is required as the commercial real estate market begins to thaw from its recent freeze.
Mr. Wills is the Marketing Director and Head of Product for Streitwise.
Prior to joining Streitwise, Mr. Wills was Head of Paid Media at Bitcoin IRA and Fortress Gold Group. Previously, Mr. Wills was the Director of Lead Generation at GTMA, a real estate marketing agency, where he founded the paid media department that oversaw a large nationwide portfolio of multifamily properties. Mr. Wills holds a Bachelor of Science degree in Marketing from the University of Florida.