U.S. Commercial Real Estate Faces $16.9B In Flood Damage By 2052: Report

Benzinga, Dec. 13, 2021–Phil Hall
Nearly 730,000 retail, office and multifamily properties in the continental U.S. face significant risks of flood damage over the next three decades based on dramatic climate changes, according to a new report issued by the nonprofit research and technology group First Street Foundation and global engineering and consulting firm Arup.