Community and Innovation
April 29, 2020
To our Community Friends, Tenants and Customers:
The character of a community shines brightest during challenging times. Working closely with local civic and business leaders has served as inspiration for our own actions. Here’s a brief overview of how Irvine Company is partnering with the community:
Supporting the Community
Recognizing COVID-19’s near-term financial impact on the community, we created a Rent Assist program for our apartment residents to provide immediate relief to those who need it. We are pleased to announce that the program is entering its second month and has been well received.
Resources for Retail Merchants
Our retail centers are home to hundreds of small business owners who operate in a variety of sectors. To support these businesses we were one of the first landlords in the nation to offer a substantial rent-deferral program. In addition, we facilitated discussions between these small business owners and representatives from local banks who provided valuable information on how to qualify for government programs and support. Many of our local retailers participated in the program and now are developing business plans for operating in a new, more challenging economy. Our centers remain open and you can view a full list of open stores and restaurants at shopirvinecompany.com.
New Home Virtual Tours
In response to physical distancing requirements, our home building team has reimagined the purchase experience through technology. Prospective buyers can now explore each of our unique residences with video walkthroughs and self-guided 360° virtual tours. Thousands have already utilized the program in the last few weeks. Private tours can be scheduled after preferences are determined. New home construction also has continued, bringing much-needed jobs and an economic boost. For more information visit irvinepacific.com.
The Irvine Company continues to remain your neighbor and your friend throughout this crisis period. As we have done in the past when confronted with challenges, our Company and our community have come together to care for each other.