The Billions in CRE Financing That the 2018 Hurricane Season Has Put at Risk – CrediFi

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Early estimates put CMBS exposure to Irma in tens of billions. – Estimates for the impact of Hurricane Harvey also vary widely. Morningstar believes that 1,529 properties backing .40 billion of securitized loans may be at "elevated risk" because of flooding. fitch thinks that damage from Hurricane Harvey potentially affects some $10.4 billion of loans in CMBS that it rates.

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Get Credifi.com news – CrediFi – Commercial Real Estate Loan. – The Billions in CRE Financing That the 2018 Hurricane Season Has Put at Risk Florence and Michael, the season’s two most destructive hurricanes, not only caused death and devastation across the Southeast, but also put billions of dollars in commercial real estate financing in the Carolinas and Florida at risk.

Tips for Being Financially Prepared for the 2018 Hurricane. – Tips for Being Financially Prepared for the 2018 Hurricane Season Get all your important documents together, such as insurance policies, car titles and birth certificates, and keep them safe

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2018 Hurricane Season Part 1: Forecasts and technological. – As we advance towards June 1 and the start of hurricane season, several organizations have published their 2018 hurricane forecasts, the National Hurricane Center has announced technical changes designed to improve communications during this hurricane season and preparation for potential storms is recommended.

2018 North Atlantic Hurricane Season; Part I | GCCapitalIdeas.com – The variation in predictions reflects some uncertainty with the factors involved. Key factors for 2018 include an expected neutral state of the El Nio Southern Oscillation (ENSO), and variable sea-surface temperatures (SSTs) in the Atlantic Basin. The need for proper preparation, as with any hurricane season, is noted by these providers.

Local Government Financial Resilience and Preparation Before. – January 9, 2018 / Elizabeth Harvell / 0 Comments. The 2017 U.S. Atlantic hurricane season is officially the most expensive ever, amounting to $202.6 billion in damages across the Atlantic basin. This record-breaking hurricane season brought some of the most catastrophic storms in recent memory.

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