With a $97 billion real estate portfolio, Related Companies faced a reckoning this month. But after bracing for a major loss of rental income, Related CEO Jeff Blau said “the results have been pretty good so far.” In an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box,” Blau said commercial and residential tenants are by and large paying rent this month. Retailers, however, are another story. Just a few days into April, 88 percent
source https://therealdeal.com/2020/04/06/relateds-blau-on-tenants-with-cash-its-their-obligation-to-pay/
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