The tragic and widespread effects of COVID-19 continue to unfold on a daily basis. The pandemic’s impact from both a public health and economic perspective has been literally unfathomable. For commercial real estate owners,...more
7/21/2020
/ CMBS ,
Commercial Bankruptcy ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Debt Restructuring ,
Income Taxes ,
Lenders ,
Loan Guaranties ,
Loan Modifications ,
Mechanics Lien ,
Paycheck Protection Program (PPP)
On Friday, April 24, 2020, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act (the “Act”), which amends the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”)....more
As previously described in this March 30, 2020 client alert, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”) amends Section 7(a) of the Small Business Act to include a new guaranteed, unsecured...more