ICG-Longbow has collected 78% of rent for Q2 and expects more outstanding rent to be paid imminently.
The firm is expecting over 90% of rent for the quarter ending 30th June, as payments are due from tenants paying rent on a monthly basis or under agreed payment plans.
ICG-Longbow also announced it is expecting to receive roughly 82% of interest payments due under its investments for the quarter ending 31st July.
The company said: “The equity cushions on all of the company’s investments remain robust and the company continues to believe that all contractual interest, principal and fees will be repaid in full on all investments.”
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