Tuesday 31 March 2020

Closing in the time of Covid-19: “We’re pulling out all the stops”

Closing in the time of coronavirus is onerous but not impossible. Developers are agreeing to a variety of contingencies, attorneys are personally ferrying dossiers between parties, and staid institutions including banks and co-operatives are being surprisingly flexible. “I’ve become a $650 [per hour] messenger, but, you know, whatever it takes to get it done we’re trying to do,” said Jeffrey Schwartz, managing partner and head of the real estate practice at Schwartz Sladkus Reich Greenberg



source https://therealdeal.com/2020/03/31/closing-in-the-time-of-covid-19-were-pulling-out-all-the-stops/

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