The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, August 17, 2020
One Oregon Landlord Owed More than $1 Million in Back Rent
One Oregon landlord, unable to evict tenants who are not paying rents, told news outlet KATU-TV that he owns 61 apartment buildings, mostly in East Portland and that more than 20% of his renters have not paid rent since March. Some of his tenants have past due rents approaching $10,000 and in total, he is owed close to $1 million. "It's been almost six months since March," he said, "and we can't continue forever. Sooner or later we are going to collapse." Read more.
Labels:
#apartmentrentals,
#apartmentrents,
#evictionban,
#evictions,
#rentalassistance,
coronavirus covid-19,
covid-19
Location: Portland, Ore.
Portland, OR, USA
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