Businesses, Commercial Leases and Hardship
COVID-19 is affecting markets differently. While residential real estate seems to be holding somewhat steady in Hawaii, commercial real estate, and the businesses that lease commercial properties, are not faring so well. On Maui, we've lost quite a few restaurants, along with businesses in other categories. Here's an update from Janis Magin, Senior Editor of Pacific Business News: "More than 80% of Hawaii businesses expect their revenue to decrease this year and in 2021 because of the Covid-19 p [...]