Cheesecake Factory, Subway, other major retailers tell landlords

[Scott S.]

Cheesecake Factory, Subway, other major retailers tell landlords they can’t pay April rent due to coronavirus.  

Additionally, commercial evictions have been banned in locations like New York, California, Seattle and Miami. And many landlords around the country have proactively told their tenants they will be flexible, as retail stores around the globe close to slow the spread of the novel coronavirus.

See story here with other restaurants not paying rent-

The commercial mortgage market is seeing significant margin calls and in serious trouble right now...