COVID-19

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.

While the virus will end at some date, its effects will last much longer, noted Messaging Architects.

A new Gensler report found than at least half of the 2,300-plus respondents said they'd need stronger policies against coming to work sick, increased opportunities to work from home, and an uptick in office cleaning.

Rulings in recent cases allow rent to go unpaid.

JLL also said that there were good signs that the US economy is beginning to reawaken, citing truck loads, mortgage applications, new business applications, flight bookings, hotel reservations and distances traveled.

Non-profit Downtown Santa Monica Inc. proposed the changes to help stimulate economic activity.

"Our people have stepped up to help clients navigate COVID-19's challenges and also answered the call within their communities," Bob Sulentic, CBRE's president and chief executive officer, said in prepared remarks.

After the market's plunge in March, the mortgage REIT issued a going concern warning that it may not have enough liquidity to meet its obligations and keep its operations afloat.