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Rent Relief Alternatives in a Time of Crisis
The number of tenants seeking rent relief will undoubtedly continue rise in the coming months, especially as retail traffic continues to skydive nationwide amid the COVID-19 pandemic. Real estate experts say landlords are confronting a surge of potential tenant defaults and must take precautions to ensure a swift rebound of operations once the current health crisis is over.
In a recent Q&A with GlobeSt, CGS3 partner Sean Southardoffers some expert recommendations to landlords who want effective rent relief strategies – including considerations for preserving positive tenant relationships.