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CRE firms are sending rent proceeds to healthcare workers on the front lines, donating space for medical facilities and storing supplies, and encouraging donations to local neighborhoods in need.
Gustafson, who has more than 18 years' experience in property valuation and consultancy in the commercial and multifamily arenas, will be leading Apprise operations in major markets such as Boston, New York, Philadelphia, Baltimore and Washington, D.C.
The loan package will be available to the commonwealth's hospitals to provide immediate financial support for working capital to ensure that these facilities have sufficient personnel, equipment and personal protective equipment.
The Jersey City COVID-19 Community Relief Program has a goal of raising $3 million and had already surpassed $1.5 million raised as of Friday, April 10 in its first 48 hours.
Since the COVID-19 concerns took root in the US and over the past three weeks, SRS' National Net Lease Group has had more than $200 million of new deals placed under agreement over this time frame.
E-commerce is expected to grow and with it last mile distribution centers but the future is less bright for industrial users catering to cruise lines, airlines and conventions.