Streitwise Portfolio Update: July 2020

100% Rent Collections

 

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.

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