10 Must Reads for the CRE Industry Today (May 13, 2021)
GlobeSt.com looks at how rental assistance from the federal government is being paid out to tenants. Blackstone acquired 66 apartment buildings in San Diego, reports The San Diego Union-Tribune. These are among today’s must reads from around the commercial real estate industry.
New Rental Assistance Guidelines Releases Money Directly to Tenants “In response to industry concerns, the Biden administration has also released new guidelines to local agencies administering the programs to ease the rental assistance process. Most notably, for the first time, emergency rental assistance from the American Rescue Plan must be offered directly to renters when landlords don’t participate in the program.” (