Retail tenants that are not making rent payments due to lockdown

[Will Wu]

So now that the $2T aid bill has been approved. What will be the help to the commercial real estate industry other than loans to small businesses? I own a retail plaza in Atlanta. Many tenants are asking us to waive rents or defer rents due to their loss of revenues. Some of them decided to close the business permanently. We are seeing all kinds of requests. We as landlords are willing to share some of the cost of the shutdown. However, up until now, our lenders have been really unwilling to even consider negotiations unless we default on the loan. I haven't seen any help to lenders/landlords from the government. What are you guys doing or telling your retails tenants?