A consequence of the COVID-19 pandemic is that many companiesare unable to operate their businesses partially or completely. Asa result, they have been compelled to seek relief from theirlandlords, vendors and lenders.
This has imposed tremendous strain on property owners whichthemselves have debt to service. In order to preserve preciousliquidity, property owners may need relief (deferral, forbearance,restructuring, extension) from their lenders and real propertyowners may consider withholding payment on their mortgageindebtedness.
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