How effective will the FEDs lending facilities be at arresting the liquidity crisis?

This is not a housing led crisis, and once the dust settles I do not see the same circumstances we had in 2008.  

We have a list of prospective tenants that could fill the building, but in light of the COVID-19 crisis, I'd like to offer a month's free rent to hospital employees and municipal first responders.  

One guy had to go back home for a family crisis. 

I am working on a piece for a local paper about the impact of the coronavirus crisis on landlords in this city.

https://on.mktw.net/39GiJIZ Check out this article from MarketWatch - These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator saysIt seems to me that Corona May impact the real estate market severely depending on if the virus can be slowed down by the heat.

Now they send me this: Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.

Hello All,  I hope everyone is staying safe in this crisis.

@Jaysson Brooks@Chris LevarekHere are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

They are at the floor with the crisis right now, but usually offer about 2%.