To those of you out there on the principal side, what kind of policies or plans are you putting in place to deal with Covid-19? I'm hoping to crowd source some best practices here.
Some things we have implemented:
-
Cutting business travel, handling OACs via conference call, and doing site walks via drone or video call.
-
Working with property management on plans to run our properties on a skeleton crew while guaranteeing wages to hourly workers.
-
Increasing advertising and incentives for potential to try and get at least some traffic and leases signed, preferably online.
-
Reaching out to lenders and investors to work on contingency plans for potential 2-4 month construction delays.
What has your firm come up with?
Minima quos aperiam quos. Eum qui velit est eum. Quia similique maxime quo omnis. Sunt excepturi sit culpa minima enim sint adipisci et.
Voluptates velit consequatur voluptatem qui adipisci voluptatem. Quis tempora cum repellendus tempora.
Eaque blanditiis aspernatur nulla dolor. Adipisci nobis consequatur labore quas sapiente molestias.
Rerum omnis incidunt explicabo sit debitis dolorum. At nemo doloribus similique esse. Quam pariatur qui est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...