Hurricane Helene’s Impact: $426B in Commercial Property at Risk

Hurricane Helene has made landfall in Florida as a catastrophic Category 4 storm, threatening $426 billion in commercial property across the Southeastern U.S. With devastating winds and storm surges, the storm poses immediate dangers and could exacerbate the insurance market crisis. This episode explores the broader implications of Helene on commercial real estate and the economy, providing crucial insights for investors and stakeholders in the sector.

Sources:
https://www.bisnow.com/national/news/sustainability-climate/hurricane-helene-projected-to-batter-426b-worth-of-commercial-real-estate-126066
https://news.theregistryps.com/is-the-tide-turning-for-commercial-real-estate/
https://www.commercialsearch.com/news/life-science-sector-faces-challenges-yet-recovery-is-in-sight/
https://buffalonews.com/u-s-commercial-real-estate-market-revives/video_c79b3ae4-cea7-5b8e-9dbb-8a70b69c540c.html

Outline:
(00:00:00) Introduction
(00:00:42) Is the Tide Turning for Commercial Real Estate?
(00:03:15) Life Science Sector Faces Challenges, Yet Recovery Is in Sight
(00:06:34) U.S. Commercial Real Estate Market Revives