The Coronavirus Aid, Relief, andEconomic Security Act, known as The CARES Act, was passed withgreat fanfare and a lot of promise. In a lot of ways, it hasn'tlived up to that hype as small businesses struggled to get the helpthat they needed.

But Kyle O'Connor, President andFounder of MLL Capital, which owns medical and life sciencesfacilities, thinks one sector was well-positioned to benefit fromThe CARES Act.

"One of the things that has beena big help for the medical industry has been The CARES Act, whetherit be the payroll protection program [PPP] or the other fundingthat went to the health systems," O'Connor says. "That has, Ibelieve, helped quite a bit."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to and Real Estate Forum.