March was a catastrophic month for U.S. retailers, reports The New York Times. Non-traded REITs are not letting individual investors withdraw their cash from property funds, according to the Wall Street Journal. These are among today’ must reads...
“This is not the time to negotiate for the last nickel,” stresses one source, as tenants and landlords both need to survive.
While healthcare real estate has remained more resilient than most other CRE sectors, social distancing and shelter-in-place mandates are impacting a vast number of healthcare professionals.
Construction firms received approvals for 114,838 loans totaling $34 billion from the Paycheck Protection Program so far.