![]() The Company’s guidance remains withdrawn. Given the ongoing uncertainty surrounding the impacts COVID-19 will have on the economy and our tenants, the Company withdrew previously provided 2020 guidance on March 27, 2020. Please see KRG’s first quarter investor presentation for further details.KRG has also contributed support to furloughed restaurant and hospitality workers and recently helped launch a multi-organization hunger drive. Through our Kite Cares initiative, KRG has partnered with grocery and restaurant tenants to deliver food to local hospitals, at-risk citizens, and first responders in quarantine.The initiative, exclusively for KRG tenants, is designed to provide up to a total of $5 million in expedited, low-interest loans to select KRG small-business tenants to help navigate the current environment. KRG launched the KRG Small Business Loan program.Approximately 67% of total April 2020 base rent and recoveries collected.Approximately 51% of tenants (based on ABR) were open and operating for business in some capacity during the month of April. ![]()
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