Office market rents will drop, NAI survey respondents say
NAI Capital took a look at regional trends from the last 10 years but also asked office market professionals where they see the market going in the near future for its COVID-19 Impact Survey, which was released April 13. “The financial impact on coworking spaces and office landlords in general will likely grow exponentially the Read More →
Our view: COVID-19 preventative measures have delivered results
This is what flattening the curve looks like. Across the Tri-Counties, new coronavirus cases are beginning to level off — with the exception of the Lompoc area, where a federal correctional center has emerged as a rare hot spot. Case counts and deaths per 100,000 population are low compared to other parts of the country Read More →
Tri-county vintners use virtual wine tasting to connect to customers
Daniel Daou of Daou Vineyard & Winery in Paso Robles hosted his first virtual wine dinner from home recently, reaching 140 people in Arizona. They spent an hour and a half with him in their own homes as they enjoyed a meal packaged by a local restaurant and three Daou wines. “I have to tell Read More →
Tri-county tourism, hospitality hurting but region suited for recovery
Keeping the economy closed has saved lives, but it has hurt and will continue to hurt tri-county residents in the pocketbook. A webinar put on by UC Santa Barbara on April 16 probed the different ways the community’s businesses were hurting and panelists talked about solutions to help ease the pain. “I think we can Read More →
More questions than answers as PPP runs out of loan funds
Questions remain as the Small Business Administration ran out of funding for the Payroll Protection Program on April 16. The fund started with $349 billion, which was quickly loaned out to businesses across the nation — but not to everyone at the same time. Independent contractors and self-employed people were able to apply for the Read More →
COVID-19 pandemic crushes the tri-county wedding industry
Hundreds of weddings in the Tri-Counties have been canceled or postponed since governmental orders forbade people from gathering in groups to prevent the spread of COVID-19. The ban cratered the industry on the Central Coast, which saw weekends in half of March, all of April and now parts of May become untenable. “It’s devastating to Read More →
Market gains but most tri-county stocks fall
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