By: Erik Sherman
Real estate attorney Steve Williams is quoted in GlobeSt regarding eviction proceedings in Pennsylvania. Steve stated, “Most of the larger landlords, at least the ones I’ve been speaking to, have not had a significant problem with tenants not paying rent. Landlords have generally reached out and tried to work with the tenants.”
Negotiations and rescue funds could tamp down a worrying upsweep in people out on the streets.
Many landlords, frustrated with the extension to the CDC pandemic eviction moratorium, are likely counting the days to its end on July 31.
So are many others, whether in CRE or public policy, but with greater concern. A sudden surge of evictions would “have a devastating and large negative impact on communities,” Eric Maribojoc, executive director of the Center for Real Estate Entrepreneurship at George Mason University’s School of Business, tells GlobeSt.com.