Owl Packaging News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords.
The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance.
“With so much delinquent rent, many housing providers lack the funds to continue to maintain their properties,” NBOA President Michael Glasser said in a press release. ....

Des Plaines , United States , Windy Point , Oak Brook , North Lake , Lincoln Square , San Diego , Mount Prospect , Arlington Heights , North Clinton , Baptist Theological Seminary , San Francisco , Glendale Heights , Blue Island , Mary Riordan , Angelo Caputo , Robert Elbrecht , Alpha Omega , Charles Canale , Matt Carolan , Jeff Janda , Tim Gallagher , Keith Largay , Burns Mcdonnell , Andrean Angelov , Meredith Oconnor ,