COVID-19 Resources & Assistance

1 Message from our COO
2 Small Business Resources
3 General Information
4 Past Communications
1 Message from our COO

Message From Our COO

Posted April 2, 2020

Dear Valued Tenants,

As we reach the end of March, the world is dealing with an unprecedented event. In order to mitigate the spread of COVID-19, also known as the Coronavirus, Federal, State and Local governments have implemented a range of restrictions, guidelines and programs to aid all of us in fighting the spread of the virus and working through the impacts those actions have had on the economy. Priorities continue to shift from immediate protection of one’s self, family and business to what the future may hold as we endure and ultimately emerge from this new way of life.

Retail has a history of resilience, particularly necessity-based retail, and I am confident that retail will continue to overcome challenges of the global economy.

At WHLR, we appreciate all that you do and are here to help provide resources to your business. Our team is standing by to discuss all options available under your lease to assist you.

There are numerous resources and information available, and we wanted to share a few resources that you might find helpful and in a convenient location. Please visit our Small Business Resources section to find a flyer with multiple business resources and guide from the U.S. Chamber of Commerce.

Our future is being reshaped by the present. Working together will ultimately lead to better partnerships in the future and we look forward in continuing our long-term partnership with you.

Sincerely,

M. Andrew Franklin
Chief Operations Officer


Wheeler Real Estate Investment Trust, Inc. (“Wheeler”) is not responsible for the accuracy of the content provided for herein or the contents of any linked site or any link contained in this resource material. The content provided for herein and any hypertext links provided herein are meant only as a convenience and the inclusion of any information, content, or link does not imply endorsement of the referenced site. Additionally, these resources, content, and information are provided simply as recommendations from government entities and other third parties, Wheeler makes no warranty, express or implied, as to the validity or results obtained from the use of the information provided herein. Wheeler shall have no liability for the accuracy of the information and cannot be held liable for any third-party claims for losses or other damages. Wheeler does not provide legal advice to tenant, and tenants should consult their own legal counsel. This is the most accurate information as of March 27, 2020.
2 Small Business Resources

SMALL BUSINESS RESOURCES

Please find this letter and the following COVID-19 resources at:
WHLR Resource Package for Tenants


CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT:

Please monitor the availability of funding for programs below and continue to seek funding opportunities in your area

On March 27, 2020, President Trump signed into law a relief bill called the Coronavirus Aid, Relief, and Economic Security Act "CARES Act" that is intended to help several groups, including small businesses, impacted by the Coronavirus pandemic. A portion of the bill called the Paycheck Protection Program is intended to keep workers paid and employed by helping businesses (including sole proprietors and nonprofits). The Paycheck Protection Program authorizes the U.S. Small Business Administration (“SBA”) to provide forgivable loans to certain small businesses to use for the payment of expenses identified in the CARES Act.  The CARES Act is also intended to offer limited payroll tax relief for certain small businesses. https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses


Economic Injury Disaster Loans from the SBA:

Recently, the SBA declared that Economic Injury Disaster Loans (“EIDLs”) are available to small businesses impacted by the Coronavirus pandemic. EIDLs provide certain qualifying small businesses and nonprofits affected by coronavirus loans up to $2 million to pay for certain expenses identified under the EIDL program. Additional information regarding EIDLs may be found at the following link: https://disasterloan.sba.gov/apply-for-disaster-loan/index.html


ADDITIONAL RESOURCES:

Additional resources may exist for businesses affected by the Coronavirus. Many state and local governments may have separate programs available to small businesses for assistance. Check with your local officials or Chamber of Commerce on additional information regarding any available programs.

Below we have included additional articles and resources summarizing the CARES Act, EIDLs, and other programs aimed at assisting businesses affected by COVID-19.

U.S. Chamber of Commerce:
https://www.uschamber.com/

U.S. Chamber of Commerce: COVID Small Business Emergency Loan Guide:
https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf

U.S. Small Business Administration: Coronavirus (COVID-19): Small Business Guidance & Loan Resources:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

The U.S. Small Business Administration Local Assistance Directory: for reaching a small business counselor or mentor:
https://www.sba.gov/local-assistance

The National Law Review: Payroll Relief Under the CARES Act Softens the Financial Impact of COVID-19 for Employers:
https://www.natlawreview.com/article/payroll-relief-under-cares-act-softens-financial-impact-covid-19-employers


Wheeler Real Estate Investment Trust, Inc. (“Wheeler”) is not responsible for the accuracy of the content provided for herein or the contents of any linked site or any link contained in this resource material. The content provided for herein and any hypertext links provided herein are meant only as a convenience and the inclusion of any information, content, or link does not imply endorsement of the referenced site. Additionally, these resources, content, and information are provided simply as recommendations from government entities and other third parties, Wheeler makes no warranty, express or implied, as to the validity or results obtained from the use of the information provided herein. Wheeler shall have no liability for the accuracy of the information and cannot be held liable for any third-party claims for losses or other damages. Wheeler does not provide legal advice to tenant, and tenants should consult their own legal counsel. This is the most accurate information as of March 27, 2020.
3 General Information

GENERAL INFORMATION

Posted March 20, 2020

Below are Resources and Assistance currently made available through government channels and the first link will take you to a portal put together by the International Council of Shopping Centers (ICSC) to request immediate assistance from Congress to support the shopping center industry. Please take a moment to fill this out.

From the Center for Disease Control and Prevention (CDC)

These resources can be found directly on the CDC website

The President’s Coronavirus Guidelines for America

How to Protect Yourself

What You Need to Know:

The below topics also have links on the COVID-19 page:

  • Resources for the Community
  • Latest Updates
  • COVID-19 Cases in the U.S.
  • Information for Healthcare Professionals
  • Get Email Updates on COVID-19 – you can enter your email

Federal Governments Response – provides answers and resources to the following:

  • Coronavirus (COVID-19) and Your Health
  • Coronavirus International Travel Advisories
  • What Government Agencies Are Doing in Response to the Coronavirus

Topics That May be Most Useful

Small Business Assistance from the Small Business Administration (SBA)

How Is Your State Responding to COVID-19

Food Safety (at home and for Restaurants & Food Service) from the U.S. Food and Drug (FDA)

Families First Coronavirus Response Act (FFCRA) – A New Category of FMLA Leave, leave for a “quality need related to a public health emergency.” This category applies to employers with fewer than 500 employees and to employees what have worked 30 days or more for their employer. This has been passed by Congress and Trump is expected to sign. This version is significantly different from the version passed on March 14.

4 Past Communications

PAST COMMUNICATIONS

March 16, 2020

At WHLR, we are closely monitoring COVID-19 (Coronavirus) and the evolving recommendations of Federal, State and local governments to limit potential spread within our communities. The health and well-being of our associates and community are of utmost importance.

After careful consideration for the safety of our WHLR family, we are now encouraging our associates work remotely from home beginning Monday, March 16. Over the past two years, the company has made investments in technology and business infrastructure allowing associates to operate in a business as usual environment while remote.  During this period, it is important to understand that WHLR is open for business and available for our tenants, vendors, shareholders and other important stakeholders.

To our tenants, our vendors, and the communities our centers serve, the WHLR team is here to address your needs. Should you have any questions, in addition to your regular contacts within the company, please feel free to contact us through our Tenant Portal located on our website at www.whlr.us and through the numerous contact links within the website.

As new developments emerge, we will share information with you as to how we will continue to operate safely and effectively.

Toll Free: (866) 203-4864

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