Healthcare workers who care for residents in both seniors housing and skilled nursing properties are often the very first line of defense to protect residents and patients from COVID-19. Hospitals are not the only places where frontline healthcare workers are risking their lives.
Malls and main-street shops, bastions of community commerce, were already under pressure after two years of weak retail sales, rising property taxes and the shift to e-commerce.
A column from Joshua Stein in the Commercial Observer explores how lease renegotiations are going in the age of coronavirus. The state of California and FEMA have formed a partnership with local restaurants to help feed the state’s seniors, according to Connect Media. Reuters reports on how some investors are challenging Neiman Marcus’ bankruptcy loan. These are among today’s must reads from around the commercial real estate industry.