Q2 2020 Plaza Retail REIT Earnings Call Transcript
Good morning. I would like to welcome everyone to the Plaza Retail REIT Second Quarter 2020 Earnings Conference Call. (Operator Instructions) I would like to advise everyone that this conference is being recorded. I will now turn the conference over to Mr. Michael Zakuta, Plaza's Chief Executive Officer. Please go ahead, Mr. Zakuta.
Thank you, operator. Good morning. Thank you for joining us on our Q2 results conference call.
We are legally obliged to tell you that today's discussions include forward-looking statements. We'd like to caution you that such statements are based on management's assumptions and beliefs. Please refer to Plaza's public filings for a discussion of these risk factors.
As we've now completed the most challenging quarter in our history, we're definitely feeling positive about our business. Collection levels have gone through 90% in July. We recently received the bulk of the CECRA funds owing to us. Over 98% of our stores are open and, in general, we
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