Hurricanes

Hurricanes

• Some Apartment Owners Relieved, Others Suffer Damage from Irene

  Last week, Ann Arbor, Mich.-based McKinley spent a lot of time, effort, and resources mobilizing for recovery after Hurricane Irene. This week, CEO Albert M. Berriz was happy to acknowledge Mother Nature spared his portfolio.

   

• When Unknown Challenges Strike, Be Prepared

  Whether regulatory and legislative issues, economic fluctuations, or natural disasters, some things are outside of an owner/operator's control. Or are they?

   

• Texas, Mississippi Under Fire for Shortfalls in Disaster Recovery Spending

  Mississippi and Texas are in the hot seat, charged with inadequately allocating Community Development Block Grants (CDBG) disaster recovery funds to benefit low-income residents displaced by hurricanes.

   

• St. Bernard Parish Project Close to Approval

  Dallas-based Provident Realty Advisors is hopeful that its epic struggle to get a mixed-income apartment community approved in Louisiana’s St. Bernard Parish will finally come to an end with the issuance of building permits late this week or early next week.

   

• South Florida Braces for Hurricane Season That May Cause Deeper Distress

  If the unprecedented number of real estate foreclosures didn’t hurt South Florida, the upcoming hurricane season likely will. A large Category 4 or 5 storm could wreak more than structural havoc on empty buildings; some believe the financial damage and related insurance, repair, and demolition...

   

• Domain Cos.' Young Founders Make Big Impact in New Orleans

  It’s not that the young developers are cocky; confident is more like it. And rightly so. In little more than five years at Domain, the duo has already established an impeccable track record of success.

   

• New Report Calls for Bold Action to Protect the Country’s Coastlines

  On the heels of the 2009 hurricane season, a coalition of insurers, public officials, risk experts, builders, and conservation groups have released a blueprint of policy changes and common sense actions likely to reduce hurricane-related economic losses along U.S. coastlines by as much as half.

   

• Tough Enough: Windows and Doors

  Threat of hurricanes drives developers to install impact-resistant windows and doors.

   

• Eying the Storms

  Here's to hoping you don't get a visit this year from Wendy. That's the moniker reserved for the 21st named tropical storm or hurricane of the 2007 season, which experts at the National Oceanic and Atmospheric Administration say has a 75 percent chance of being above normal in terms of activity. In...

   

• Measure of... Progress?

  In the blur our daily lives have become (What are we having for dinner? What time was that meeting? Where's my BlackBerry?), we now forget about attention-getting tragedies almost as quickly as the 24/7 news networks make sure we hear about them. Remember the December 2004 tsunami? Just over a year...