The central bank’s multi-trillion-dollar intervention to help companies facing a credit crunch leaves struggling malls, hotels and other properties out in the cold. Earlier this week the Federal Reserve announced it would launch an unprecedented program to buy up corporate bonds so companies hurt by the coronavirus pandemic will have money to borrow. But the program is focused on buying investment-grade debt issued by the companies with the strongest balance sheets. That runs the risk,
source https://therealdeal.com/2020/03/27/fed-to-mall-and-hotel-owners-drop-dead/
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