Tenants of one of Wuhan’s largest malls are demanding rent cuts as a result of having no business during the shutdown.

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

More hotels are likely to close as occupancies fall below 20 percent in most of the country’s largest markets.

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

In Manhattan, new leases fell by 38 percent in March compared to March 2019.

Elizabeth, N.J. mayor has said the local nursing facility failed to alert the city that a large number of residents tested positive for the virus.

Before the crisis, lenders originated roughly $8 billion in loans on New York construction projects.

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