Commentary

Although many tenants have a legitimate need for such protection during the pandemic, such a large focus on and empathy for tenants is also being abused by certain "bad actor" tenants.

Companies may shift from a lean-inventory strategy and position more safety stock around the country, a move that calls for additional storage space and not necessarily just in the short term.

Change, rather than tolling the death knell for the sector, is exactly what will keep retail alive and vibrant.

Loan term sheets for identical assets are coming back varying 50 to 100bps on interest rate, as well as seeing material changes in amortization schedules and recourse requirements.

Besides the obvious categories, there are also other net lease winners that are performing well—some of which are even seeing stronger consumer activity than pre-crisis.

Many servicers are granting a three month use of reserves to pay taxes and interest for the mortgage, and a waiver on FF&E deposits.

As more states reopen, it's critical for property managers to prepare to welcome their tenants in larger volumes, advise ownership on best practices and implement practices to keep everyone safe.

After several weeks of restrictive measures implemented to mitigate the effects of the coronavirus pandemic, business owners are increasingly being required to make difficult decisions in the face of significant liquidity shortfalls. These decisions raise a number of legal issues.