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Florida, Texas CRE Begin Long Recovery Effort from Back-to-Back Storms

Initial Combined Damage Estimates See $29 Billion in Commercial Property Losses, $150-$200 Billion Economic Impact
CoStar News
September 14, 2017 | 10:57 P.M.

With relief efforts under way in areas ravaged by Hurricanes Harvey and Irma, analysts are now beginning to assess the broader questions of how the back-to-back natural disasters could potentially affect U.S. economic growth, the nearterm impact of the thousands of residents and tenants displaced by the storms, and how the threat of future storms may affect investor appetite for coastline property in areas with elevated exposure to destructive tropical cyclones.

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News | Florida, Texas CRE Begin Long Recovery Effort from Back-to-Back Storms