Coronavirus BRIEFING

Landlords and Retail Tenants Compromise to Emerge Stronger Post-COVID-19

Genuine rent relief through this unprecedented period, whether it is landlord- or government-driven in the future, will hopefully provide sufficient runway for many of these retailers to maintain liquidity long enough to continue serving their customers and paying their employees until the pandemic’s most severe effects have retreated.

Jeff Derman, a managing director at financial advisory firm PJ Solomon, in a recent National Retail Federation statement announcing the findings of the association’s survey of C-level executives at large, U.S. retail chains. Read the press release, “Landlords and Retail Tenants Compromise to Emerge Stronger Post-COVID-19,” here.