Existence of solution to modified Gursky-Streets equation

We solve the modified Gursky-Streets equation, which is a fully nonlinear equation arising in conformal geometry with uniform $C^{1, 1}$ estimates when (i) $\gamma > 0$ and $1 \leq k \leq n$ or (ii) $r > 0$ and $2 s k \leq r n$. We also prove the existence of a Lipschitz continuous viscosity solution when $r \neq 0$.