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Originally Posted by testarossa50
What does this mean? not doubting it, I just have never heard the term bad rent before. Is it like a delinquent tenant, an apartment that can't rent at the rate assumed by financing, or what?
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I've always heard it used to refer to when tenants don't pay as required. Anecdotally, I'm seeing a lot of that in this market. It was stated at a recent Bisnow event (or maybe ULI) that lenders are now very cautious about Atlanta rentals because of this.
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