This is the conclusion of a third quarter report on apartment market trends prepared by Grubb & Ellis Co.
According to the report, the Sept. 11 terrorist attacks have not affected developers strategic plans to develop new properties in South Florida, as demand continues to outpace supply.
But Sept. 11 has caused come concern for investors and owners. They are concerned about their ability to obtain adequate insurance coverage at an affordable price, since future policies are expected to exclude damages resulting from acts of terrorism as well as acts of war.
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