The head of the largest real estate-focused venture capital fund is advocating for a $30 billion government bailout of the retail industry, warning that it is on the brink of systemic collapse. Brendan Wallace, managing partner and co-founder of Fifth Wall Ventures, has a proposal: Get the five biggest retail landlords in a room with the federal government and work out some immediate solutions — such as standardized rent forbearance — that could save tens
source https://therealdeal.com/2020/05/05/the-relationship-between-landlord-and-tenant-needs-to-change-fifth-walls-brendan-wallace-on-the-need-for-a-retail-bailout/
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