With all of the actions being taken by government at all levels in response to the COVID-19 pandemic it is getting increasingly difficult to determine how the big and little moves made by our mayor, our governor,

Some lenders moved swiftly. Others, more slowly. By morning on Tuesday the 24th, the backbone of real estate, the debt markets and real estate lending in general, seized up. Even with the Fed dropping lending rates to

These certainly are unique times that we’re all currently living in. It is undoubtable that fear and uncertainty are driving a lot of decisions today, as we all try to make sense of what is happening now. In that spirit, we are writing to you to provide our outlook based on the