Capital Rivers Commercial
Additional COVID-19 Resources
Commercial Real Estate COVID-19 Resources
Additional resources in a time of uncertainty
Our team is here to help answer your questions and provide resources to guide you through this time. View the resources below and please don’t hesitate to call or connect with our team with any questions.
Small Business Administration
The SBA is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
IRS Tax Payment Extension
A three-month extension has been made for tax payments. Individuals will be able to defer up to $1 million without interest or penalties, and corporations can defer up to $10 million.
CPFF Supporting Credit
The Federal Reserve Board recently announced that it will establish a Commercial Paper Funding Facility (CPFF) to support the flow of credit to households and businesses.
CPRSA Act | March 6th
This $8.3 billion emergency relief package, signed into law on March 6, is focused on funding health care preparation to fight the virus, as well as vaccine research.
FFCR Act | March 18th
Signed into law March 18th, this $183 billion-plus package expands Medicaid and unemployment benefits, provides free coronavirus testing, and mandates paid sick leave and childcare leave for certain employees.
Main Street Response
CCIM Institute, along with NAR, IREM, and RLI, joined more than 70 associations to call on policymakers to enact legislation and regulations that will help secure the short- and long-term vitality of the U.S. economy during this unprecedented disruption.
Extension on 1031 Exchanges
Sent to both the Treasury Department and IRS, the letter encourages relief on the 180-day deadline and the 45-day period for identifying possible properties as exchange candidates.
CDC Website & Resources
The Centers for Disease Control and Prevention urge you to follow their guidelines in this pressing time
WHO Website & Resources
Get the latest updates from the World Health Organization on how to stay protected during this time.