Here are some links to sites we thought would be helpful.
The spread of the novel coronavirus (COVID-19) has virtually shut down major parts of the U.S. economy, as many people are not allowed to work or have lost their jobs. The virus has had short-term impacts on the real estate industry and is likely to have some long-term effects as well.
Although multifamily properties are often viewed as a more resilient asset class, it will also be affected. ArborCrowd is in constant contact with its deal sponsors regarding the impact of the virus on our existing investments and methods to mitigate adverse consequences. There have been many policies implemented by local, state and federal authorities, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which has significant protections for tenants and property owners alike.
During this unprecedented time, ArborCrowd strives to be a source of useful information for our investors and online community. Below are informative articles and links to various helpful resources. Be sure to check this page regularly as we will frequently update this information.
Of course, if you have any questions, you can reach out to our Investor Relations team by emailing InvestorRelations@ArborCrowd.com or calling (844)-365-1200.
The COVID-19 pandemic has resulted in many changes within the real estate industry. The ArborCrowd Team continues to research timely issues and write articles that can be a resource to our online community.