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Coronavirus and Its Impact on Multifamily

On March 11th, the World Health Organization declared the Coronavirus to be a worldwide pandemic. Community spread of the virus is increasing, creating “hot zones” in New York, California, and Washington state. Financial markets are reeling, fear is rising, the sudden economic shock is likely to have lasting consequences, and Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, says it is going to get worse.

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