Commercial Real Estate Rental Debt Owed by Small Businesses In Los Angeles County
The purpose of this report is to provide the County of Los Angeles with an estimate of commercial rent debt accumulated by qualifying small businesses as a result of the COVID-19 pandemic. This economic analysis is intended to aid the County in its efforts to create a commercial rent relief program for small businesses by providing insight into the extent of commercial rental debt owed in Los Angeles County and details about the businesses that are currently in debt.