PYMNTS-MonitorEdge-May-2024

Rent

Property rented or for rent. Usually fixed periodical return made by a tenant or occupant of property to the owner for the possession and use thereof especially : an agreed sum paid at fixed intervals by a tenant to the landlord.

Retail Properties Of America Collects 65.3 Pct Of Q2 Rent
Retail Properties Of America Collects 65.3 Pct Of Q2 Rent
July 07, 2020  |  Retail

Retail Properties of America, Inc. (RPAI), a real estate investment trust (REIT) that owns open-air shopping centers, reported that the company had collected 65.3 percent of...

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Platforms And AI Are Powering Real Estate Investing’s Digital 3.0 Shift
Platforms And AI Are Powering Real Estate Investing’s Digital 3.0 Shift
June 25, 2020  |  Real Estate

Stock markets are whipsawing. Bond yields, gyrating. Crypto? Bouncing around, to put it mildly. The pandemic has sent any number of investments tumbling, soaring, then...

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Luxury Fashion Brand Valentino Tries To End Manhattan Lease
Luxury Fashion Brand Valentino Tries To End Manhattan Lease
June 22, 2020  |  Retail

In a legal complaint filed with a New York court, luxury fashion brand Valentino SpA is requesting that the courts end its lease for a...

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Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
June 04, 2020  |  Legal

All eyes in the retail sector are now on Simon Property Group, as the mall giant hauls The Gap into court for failing to pay...

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New Fiserv Program Aims To Cover Residential And Commercial Rent
New Fiserv Program Aims To Cover Residential And Commercial Rent
June 04, 2020  |  Alternative Credit

For individuals and small businesses that are having trouble covering the rent during the COVID-19 economic collapse, but might have a credit card or line...

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Bright Spots In Retail Rent And Restaurants Amid The Pandemic
Bright Spots In Retail Rent And Restaurants Amid The Pandemic
June 03, 2020  |  Today In Data

Mall owners are reporting a slight uptick in retail rent payments as the coronavirus crisis enters its fourth month. Two new earnings reports show that more...

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Slight Uptick Reported In Retail Rent Payments
Slight Uptick Reported In Retail Rent Payments
June 02, 2020  |  Retail

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting...

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Starbucks To Landlords: Give Us A Break On Rent
Starbucks To Landlords: Give Us A Break On Rent
May 14, 2020  |  Economy

Estimating a loss of $915 million in the second quarter, Starbucks is asking landlords of all of its stores to pardon it for at least...

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National Retailers Paid Only 58 Pct Of April’s Billed Rent
National Retailers Paid Only 58 Pct Of April’s Billed Rent
May 13, 2020  |  Retail

With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only...

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