Did the rent get paid? We just passed the halfway point of another newsworthy REIT earnings season. Results thus far have generally been better than expected with nearly a dozen REITs boosting guidance.

After 59 equity REITs and 30 mortgage REITs announced a dividend cut in March through June, just one additional REIT has announced a reduction since the start of July.

Rent collection has remained largely a non-factor for the "essential" property sectors with collection rates averaging over 95% while retail REITs have noted a steady and sequential improvement since April.

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