We are very concerned about our tenants that have been forced to cease operations and are actively lobbying our representatives in State and Federal government to support Small Businesses and their employees through direct assistance. We encourage you to do so as well! We are also hopeful that the Federal government will provide emergency modifications to banking regulations that will support the Commercial Real Estate industry as well. We have also been gathering as much information as possible to share with our tenants during this crisis and here are some ideas:
Small Business Assistance:
Here are a few links for small businesses to reach out to:
State of Florida Program :
The Florida Small Business Emergency Bridge Loan Program to support small businesses impacted by COVID-19. The bridge loan program will provide short-term, interest-free loans to small businesses that experienced economic injury from COVID-19.
•The application period is open and runs through May 8, 2020. More information is at FloridaDisasterLoan.org
•The Business Damage Assessment survey has been activated to assess the impact of COVID-19 on Florida’s local business operations. The survey, managed by DEO, will evaluate businesses affected by COVID-19 and the impacts the virus has had on the local economy so actions to implement appropriate relief programs can begin.
The survey can be taken online at https://floridadisaster.biz/
Please share and let us know if you have any other ideas. Together we will get through this,
Rod L. Castan, CRRP
President, Leasing and Management Services
703 Waterford Way, Suite 800
Miami, FL 33126
Tel: 786.388.6470 │ Cell: 305.794.4700