# Scholar-in-Residence Gary Friedland is quoted in a story examining how the coronavirus pandemic is impacting many hotels' ability to pay operating costs and debt service, from his research with Professor Jeanne Calderon

1 Faculty News April 20, 2020 ![Philadelphia Inquirer Logo 190 x 145](/sites/default/files/styles/246w/public/assets/images/Philadelphia%20Inquirer%20Logo%20190%20x%20145.jpg?itok=9eXCrHZM)>

Excerpt from [Philadelphia Inquirer](https://www.inquirer.com/business/philadelphia-hotel-projecs-debt-coronavirus-20200420.html) -- "Overseas investors are less equipped to take on the administrative tasks that would accompany a foreclosure than domestic funders, so are more likely to extend forbearance, said Gary Friedland, who specializes in the EB-5 program as a scholar-in-residence at New York University’s Stern School of Business."

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