To Our Spartan Invest Community:
I hope this message finds you healthy and safe during this difficult time. I wanted to take a moment to address this global health emergency and what all Spartan Invest is doing to protect our employees, families, investors, and tenants.
As you know, the only way to combat the spread of this virus is to quarantine. Unfortunately, this has greatly affected a large portion of the American workforce. Current unemployment rates are expected to exceed 6% by midyear, with last week being the highest number of unemployment claims filed in US history.
As for Spartan Invest, we are taking extra precautions while maintaining our day to day business and managing properties. All our office personnel is working diligently from home, we continue to evaluate vacant properties for purchase, addressing emergency work orders and continuing to allow our leasing agents to show properties through our electronic lock boxes.
We also have a rent relief plan in place for those tenants who find themselves out of work during this difficult time.
We are working on asset protection for all current investors as well as continuing to source new properties to offer investors looking for more stable, secure investments long term. We are dedicated to our mission of providing high end rental properties for our investor clients, tenants, and investing in our neighborhoods.
We will continue to be available for all investors as we maneuver our way through this ever changing pandemic. We will come out of this stronger, together.
Please feel free to reach out if you have any questions or concerns regarding our properties or new processes.
Thank you for your time and trust. Please stay safe and healthy.
Lindsay Davis, CEO