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The largest new delinquency in July was the $267 million Gurnee Mills loan, which became 60 days delinquent during the month.

"We're more likely to see a good recovery in the second half of this year or probably the first half of next year as the pandemic comes more under control."

Provident needed to close the Star loan transaction in less than two weeks, while in the middle of the COVID shutdown, so PCCP moved quickly and provided a creative solution for the complex transaction.

For office users that can delay making a decision, they are delaying. For those that can't, they are asking for an extension.

Operational procedure adjustments for heavily trafficked areas along with signage and technology can help with public perception, says Eric Price with Lowney Architecture, who shared how hotels can adapt to the changing travel landscape.

July rent collections for retail properties increased nearly 15% compared to June and 36% compared to May.

The additional $600 in unemployment benefits have helped to stabilized rents through the pandemic.

The FHA Section 223(f) refinancing loan will maintain the affordability of Renwick Garden Apartments in Kips Bay