The outlook for construction and development has been thrown into deep uncertainty by the COVID-19 pandemic.

Most property managers are working with tenants on payment plans or other relief measures, but have concerns about abilities to cover costs and pay mortgages down the line.

The company was already facing financial issues when it encountered a worst-case downturn scenario.

The sector is starting to deal with rising operating expenses, declining occupancies and fewer move-ins.

From enacting social distancing rules to changing renewal policies, most property management companies have an action plan in place.

Discretionary retailers are trying to use their online sales to make up for lost revenue. But not many people are buying clothes or handbags.

Some tenants are seeking a deferral of the full rent amount, while others are negotiating for partial rent deferral.

Andrew Schnissel is helping to get the word out and trying to connect landlords with the proper city authorities to meet COVID-19 related needs.