A deteriorating situation at four Brooklyn office buildings is adding to the company’s existing debt issues.

Construction firms received approvals for 114,838 loans totaling $34 billion from the Paycheck Protection Program so far.

The company raised another $1 billion in first-lien debt as a financial cushion.

The problems faced by mortgage servicers have been highlighted in recent weeks.

Real estate stocks have taken a hit as investors fear people will flee cities for more spacious suburbs.

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

There will be pain in the immediate future, especially for independent living, and some lasting changes in operating procedures.

To combat potential bankruptcy chains, policy makers have four options.

Dems push for more aid to states and hospitals while Republicans want more limited measures.