Kimco Realty, which owns and manages more than 400 shopping centers nationwide, recently launched a Tenant Assistance Program through which Kimco will provide its tenants with free legal assistance to apply for relief under the CARES Act.
Tim Hering, who represents Kimco with respect to real estate matters in Oregon, noted that “a landlord hiring counsel to assist its commercial tenants is not something done in the normal course of business or, frankly, ever. But with so many small business tenants facing challenges in the current climate, Kimco wanted to do something to help.”
Kimco is working with law firms around the country to help tenants navigate and apply for various relief programs, including the SBA Paycheck Protection Program. Dunn Carney is assisting Kimco’s tenants in Washington.