Posted on May 12th, 2020 in Construction

Finding Creative Solutions for Commercial Tenancies during COVID-19

The side view of old brick factory

The impact of the COVID-19 pandemic has created some unique challenges for landlords and tenants. 

Landlords rely on rental income to meet their obligations, while rent is the biggest monthly expense for many, if not most, tenants. In this environment, all parties are focused on preserving cash and minimizing costs to survive. 

Everyone must work together to emerge on the other side of this pandemic in the best position possible.  RSM Canada has provided a few options that landlords may wish to consider.

More articles related to COVID-19: Business Resource Centre

Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.