Stephan Leccese will initially focus on two major initiatives: NPL Swap – a marketplace for non-performing loans; and Investors Loan Servicing – a specialized servicer for business purpose loans.

One observer thinks there is a chance the program could be rolled into a massive stimulus package.

Cap rates for Rite Aid and Walgreens properties experienced cap rate increases of 19 and 15 basis points respectively.

Despite the issues facing retail due to the pandemic, the Weitzman team leased all of the roughly 20,000-square-foot Shops on Main and a lease is in the works for one remaining 2,566-square-foot space.