Insurance challenges have become a major cause of concern among real estate investors, according to the Spring 2024 Investor Sentiment Survey from RCN Capital.
In some cases, firms are forced to abandon deals and miss out on opportunities.
Brennen Degner, Managing Partner and co-founder of DB Capital Management, which owns approximately 3,000 units in Texas, Colorado, Utah, and Nevada, tells GlobeSt.com that on both new and existing deals, he's seen a major material impact from insurance rate volatility.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
