Prior to the pandemic shutdown last March, Donald Einsidler, president of Einsidler Management, was busy helping five different co-ops navigate the refinancing of their underlying mortgages at interest rates just above the tantalizing number of 3%. Then came the state’s stay-at-home order. “Rates spiked up to points where it wouldn’t have made sense to go through with the loans,” Einsidler says.

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