Originate Report – October 2020

Page 26

FEATURE

Market Update: Status of Residential Bridge Loans

W

By Melissa C. Martorella, Esq., Geraci LLP hile the ongoing coro-

Zoom calls have usurped in-person

implementations—including virtual

navirus pandemic con-

meetings. That once expansive cor-

showings and e-Closings—have had

tinues to impact every

ner office has been replaced by a

advanced launch timelines because

facet of life, businesses across all

laptop on the kitchen table or a Face-

they must be used in the present day

industries have begun to adapt to a

Time call from the couch. Processes

in order to complete a transaction.

‘new normal.’

that were anticipated to be future

Regardless of the specifics, the one

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