The West’s real estate industry has not been immune from the measures being taken to curb the COVID-19 pandemic. Varying shelter-at-home orders, issued by federal and local governments, have caused cascading effects and interrupted normal business operations. Investors, developers, management and the industry at large are working to overcome any lasting impacts and move transactions forward during these tumultuous times. For those with active real estate deals, the parties continue to face an ever-changing landscape that requires diligent attention to ensure both purchaser’s and seller’s interests are adequately protected.
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