Retail rent collections increased in July compared to earlier months during the pandemic. According to data from Datex Property Solutions, retail rent collections were 68.8% in mid-July, a 14.7% increase compared to mid-June and a 36.6% increase compared to mid-May. The increase in rent payments was likely due, at least in part, to the initial re-opening of the economy as well as retailers learning to serve customers in the new market.
Supporting Maui: Extending Aloha in Times of Need
In the face of adversity, we stand together as a community, united by the values of compassion, resilience, aloha, and...