30-03-2020 23:33 via ocregister.com

Coronavirus fallout: What will happen when rents come due April 1?

By Patrick Clark and Nic Querolo, Bloomberg
From landlords to economists to Wall Street traders, a lot of folks are fretting over what’s going to happen on April 1.
That question is hanging over the U.S. real estate industry as $81 billion in rent payments come due. Renters are warning they won’t pay, prompting property owners to have delicate conversations with their lenders. And regulators are racing to keep the wheels of finance turning in the middle of a global health crisis.
Few
Read more »