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The Chicago-based firm also announced that CEO Brett White, CFO Duncan Palmer, COO Michelle MacKay and president John Forrester will forgo a large percentage of their base salaries.

New Jersey Community Capital, UCEDC, Regional Business Assistance Corporate, Cooperative Business Assistance Corporation, Greater Newark Enterprise Corporation (GNAC) and 1st Bergen Federal Credit Union will be participating in the authority's new CDFI Emergency Loan Loss Reserve Fund.

"The only path to a sustainable economic recovery is through a strong healthcare recovery," Gov. Murphy said.

"We are weathering the storm right now and moving forward."

JLL Capital Markets placed the seven-year, fixed-rate loan with a regional bank.

The principals at George Smith Partners knew that there would be very few deals at that juncture, so it was critical to their survival to be positioned as one the few capital market advisers that were still doing deals.

Why one CEO thinks investment-grade tenants are well-positioned for the recessionary environment and offer security.

Most investors continue to harbor optimism that portfolios will hold up reasonably well during the next 12 months although it's clear that the COVID crisis will impact real estate cash flows for the short term, GlobeSt.com learns in this EXCLUSIVE.