TMG Partners was attracted to The Quad because of its stable long-term cash flow, the Santa Clara location, the need to provide office space for many size requirements and the existing suite of amenities.

Tower Holdings Group, a development and construction firm headquartered in New York City, is coordinating with its subcontractors to lower the risk of infection at its project sites throughout the city, which have already seen a reduced number of staff, Iryna Suhnaska, executive vice president at Tower Holdings, tells GlobeSt.com.

Traffic to multifamily property websites are down 15% year-over-year, guest cards are down nearly 3% and lead volumes will likely plummet further as more cities adopt shelter in place ordinances, says RealPage.