Brief
As Insurance Premiums Surge, Sophisticated Property Owners Are Turning to Captive Insurance
Insurance has become one of the biggest variables in commercial real estate deal math. In New York, premiums on rent-stabilized buildings have surged 150 percent since 2019, according to NYU’s Furman
Summary
Insurance has become one of the biggest variables in commercial real estate deal math.
In New York, premiums on rent-stabilized buildings have surged 150 percent since 2019, according to NYU’s Furman Center.
Nationally, the Federal Reserve found that real per-unit multifamily insurance costs jumped more than 75 percent over roughly the same period. Insurance now […]
Source
- Commercial Observercommercialobserver.com
