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Real Estate Insurance
Multi-Family Building Insurance You Need
Property owners of multi-family buildings in urban areas all across the country – from Washington, D.C. and Philadelphia through Chicago and Minneapolis to Los Angeles and San Francisco – often choose to live in one of the units in the buildings in their real estate portfolio. These buildings are typically 25 units or fewer—perhaps even…
The Path to Pool Safety This Season
Pool season is here. Which means it’s time to invest in new sunscreen and pull those bathing suits out of storage. It’s also time for community associations and property owners to reassess pool safety, maintenance, and risk management. Most pool injuries are minor in nature, but some can result in broken limbs, head or spinal…
Ensuring Your Balcony is Safe
In 2012, Dehavilland Baugh had a Memorial Day cookout in Southwest Atlanta. Midway through the party, a dozen people were eating and playing cards when the deck collapsed underneath their feet. Seven people were sent to the hospital. Last year, six people were killed when a fifth-story balcony in Berkeley, California fell to the ground…
Managing Risk: Preventing Carbon Monoxide Poisoning
On March 25, police discovered four people dead inside Building G of the Evergreen Apartments in Wilmington, Delaware. Exhaust pipes designed to vent carbon monoxide from the gas boilers in the basement rusted and collapsed. The cause of death was carbon monoxide poisoning. Carbon monoxide kills. We know this. The gas produced when fuels like…
California’s Drought, Our Shared Responsibility
Thanks to new water usage regulations in California, the state saved nearly 388 billion gallons of water between June 2015 and February 2016. That is enough water to supply nearly six million residents for a year. Although increased rain and snow levels helped to ease the water crises in California, it wasn’t enough to draw…
Tornado Alley? More Like Tornado Highway
It’s been a bad week for tornadoes in our country. With at least 17 twisters reported across the country from California to Kentucky, resulting in at least four injuries and property destruction, peak tornado season is in full swing. Extremely dangerous and very difficult to predict, tornadoes tend to hit most frequently between the months…
Earth Month Spotlight: Real Estate
Earth Month continues with a look at the commercial real estate sector, where strides are being made in reducing the industry’s collective carbon footprint, particularly in Class-A office buildings in top-tier cities. Investors, developers, managers, and corporate tenants throughout the country have embraced the concept of sustainability—due in large part to the efforts of the…
Market Insight: Vacant Buildings are Hidden Gems
When it comes to real estate, it takes a rare eye to look beyond boarded-up windows, graffitied walls, and broken shutters to spot a diamond in a rough—and those gems are becoming scarcer. It’s a seller’s market, as inventory diminishes and demand begins to outstrip supply. Close to one out of every 63 residential properties…
Last-Minute Tax Tips: Rental Property Deductions
Ahh, April. The highs of March Madness are forgotten all too soon as Tax Day looms large in the not-so-distant future. Recognizing that a few of us might be scrambling to wrap up our taxes in time for the April 15 deadline, we plumbed the Internet for guidance on rental property deductions. Don’t overlook the…