Retail rent collections hit 89% in October

After a few rocky months, rent collections at national chains are leveling out. Major chains paid 89 percent of October rent, the highest amount since the start of the pandemic, and a slight increase from 87 percent collected in September, according to a report by Datex Property Solutions. October’s figure was just 7 percentage points below the same time last year. The increase in payments is a continuation of the progress that landlords have been