Tuesday Mar 31, 2020

Corona and The Cheesecake Conundrum - Don't Try This At Home

So the economy was riding high, businesses were thriving and the commercial real estate market was seeing all-time high rental rates and historically low vacancies. Then a virus hits and everything is in chaos. On March 18, the CEO of Cheesecake Factory sent a letter to all of his landlords saying they won’t be paying their rent on April 1. I don’t think anyone told him that April Fool’s day was postponed due to the coronavirus, but this is no joke.

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2020 All rights reserved.

Podcast Powered By Podbean

Version: 20230822