JR will never go under. JR is well managed and doesn't need to worry about the rent. Might even take over another bigger spa which was struggling way before the shut down. Ellagance is also ok and strong enough to weather the storm. Those who have invested in 2-3 properties with no rental income and having mortgages to carry plus the rent of the spa might be struggling.
The 3 big spas at hwy7 and Warden, hwy7 and McCowan and the one at Pharmacy and Steele are the ones we have to keep our eyes on. Those three were already struggling to make ends meet way before the Covid time.