Moontower sold to Ocean West Capital Partners and Landmark Properties for an undisclosed price, but at one that is among the top five largest single-asset sales in terms of transaction value in the student housing space this year.

The CEC Entertainment case shows that bankruptcy courts may be willing to grant debtors extraordinary relief in light of the ongoing pandemic, but only if there is some contractual basis to do so.

At a recent CREW San Diego conference, Alyssa Muto of the City of San Diego said she is working with the city to set up the department.