Coronavirus: Urgent Considerations for the Real Estate Industry
Real estate investors, owners, managers, and occupants have been greatly affected by the sustained and continued spread of the novel coronavirus disease ("COVID-19"). Tenants must deal with leased and otherwise occupied space. Investors, owners, and managers of office, multifamily, residential, health care facilities, and hospitality have encountered issues regarding property rights and obligations related to interaction with tenants, guests, employees, unions, managers, contractors, and customers, both under applicable law and pursuant to third-party agreements, such as leases, licenses, and management agreements.