The check isn’t in the mail: Multifamily landlords bracing for April ‘tsunami’

The Courtyard Swimming pool is a resort-style pool and one of many amenities at Bayonne at Southshore. The recently completed 240-unit luxury apartment community is a Wampold Companies property located at 900 Stanford Avenue and steps away from University Lake.

With April rent checks due in less than a week, landlords are starting to hear from tenants who aren’t going to be able to pay the rent due to widespread layoffs, furloughs and shutdowns caused by t…

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