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Short answer, yes. But so far pricing doesn't seem to have been too unduly affected.

The company intends to stay in business and has secured $100 million in debtor-in-possession financing from its creditors for its day-to-day operations.

Crown Acquisitions affiliate, First Mile Properties purchased the class A, six-property office complex in Red Bank, NJ.

The firm has constructed a 108-bed community in New York and a 114-bed community in New Jersey for owner and operator, Sunrise Senior Living.

"This is not the 'retail apocalypse' or a step towards the 25% delinquency rate in the hotel space over the last year."

Landlords will likely take "a harder line" in 2021 with lagging retailers.

Thirty-seven percent of tenants surveyed said they were reducing space needs.

These days risk mitigation is more than just insurance—it's the ability to run a business under adverse and unpredictable conditions.