Editor's note: S&P Global Market Intelligence compiled the data in this article on a best-efforts basis, sourced from real estate investment trust press releases, investor presentations and conference calls. Click here to download these charts in Excel format.

REITs that filed their 2021 first-quarter earnings during the first week of earnings season reported high rent collection, roughly in line with their fourth-quarter collection.

Net-lease REIT Alpine Income Property Trust Inc. and ground lease-oriented Safehold Inc. both collected 100% of their billed rents for the first quarter of 2021.

In the industrial sector, Prologis Inc. and Rexford Industrial Realty Inc. collected 98.8% and 98.2% of their first-quarter rent, respectively.

Overall rent collection for the office REITs continued to brought down by their retail portfolios, however, rent collection in the sector was higher compared to earlier stages of the pandemic. SL Green Realty Corp. collected 98.0% of its rent from office tenants and 85.0% for its retail portfolio, totaling 95.3% overall. Similarly, Brandywine Realty Trust collected 98.9% of its rent billed in the first quarter, including a 99.1% collection rate from its office tenants.

Shopping center REIT SITE Centers Corp. collected 96% of its rent for the first quarter, a two-percentage-point improvement compared to the 94% collected the quarter prior.

Lastly, student housing-focused American Campus Communities Inc. collected 97.3% of its rent in the first quarter, roughly in line with its fourth-quarter collection rate.