Steps That Property Owners Should Consider Taking During the COVID-19 Pandemic to Protect Their Real Estate Assets

Summary

As COVID-19 has shut down significant portions of the economy in recent weeks, all businesses have been forced to adapt to a new reality. Property owners have been particularly affected by the various stay-at-home orders, which, in many cases, have drastically restricted, or even halted entirely, the day-to-day operations of their commercial tenants and led to decreased income or even unemployment for their residential tenants. Additionally, real-world circumstances surrounding COVID-19 and governmental regulations seem to be changing almost daily, and property owners need guidance to make informed decisions about the future of their businesses.