Insurance Premiums Double in Many U.S. States
Urban Land magazine, October 16, 2024–Natalie Ambrosio Preudhomme, Kevin Fagan, Caglar Demir
Since about 2018, property insurance costs marched steadily upward, almost universally, in commercial real estate, broadly forcing property owners and lenders to strategically confront the reality of soaring premiums and shrinking availability. But much of the industry has also enjoyed significant rent growth, which seemingly has muted the overall impact to bottom-line revenues and property values.
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