Hurricane season runs from June 1st to November 30th each year, bringing dread to coastal communities. Businesses in “hurricane alley” may take months or even years to fully recover from property damage incurred from even modest storms. Weather data from recent years shows a trend toward highly active hurricane seasons. Forecasters predict that 2022 will […]
…And How to Protect Yourself Inflation has become a hot topic in recent months, and unfortunately, it’s not going away any time soon. While it may be easier to understand the impact when we see prices at the grocery store, inflation influences much more than that. In this blog, we’ll outline three ways inflation has […]
For business owners or commercial real estate landlords, there are numerous reasons why a commercial operation may need to close for an extended period. A storefront may be waiting for a new renter or shutter for weeks or months during large-scale renovations. The COVID-19 pandemic closed some businesses permanently, with owners left to determine how […]
An increasing amount of property owners were faced with habitability lawsuits in recent years. In California, juries are handing down million-dollar awards in lawsuits to plaintiffs claiming apartment complex owners failed to maintain ‘habitable’ properties. A civil jury in Alhambra awarded a Los Angeles family $1.6 million in a bedbug case. It was the biggest […]
As we enter the 4th quarter of 2020, there is no end in sight of increases in property and deductible prices. Extreme weather patterns are perhaps the only thing we can predict with accuracy. Combined with COVID-19, most of the property market continues to harden at an increasing rate, despite a strong capital position. So […]