In a surprising turn of events, the much-hyped second round of funding for the Paycheck Protection Program (PPP), has captured a lot less interest from borrowers than was expected.
For the past few weeks, we have been doing our best to keep you informed on the business impact of the Covid-19 virus and the handful of government programs being rolled out to counter its effects. So, we haven’t had much good news to send your way to date, but that may be changing soon.
The Orange County and Mid-Counties industrial markets started the new year much as it ended the last one: tight supply, low vacancy and rising prices.
The first of April has come and gone and attention within the real estate industry has become focused on how otherwise reliable tenants will make their scheduled rent payments for the month.