Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's

08/10/2024, 3:15 AM
businessinsider.com

Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's

AP Photo/Rebecca Blackwell

Hurricane Milton made landfall in Florida on Wednesday as a Category 3 hurricane, and analysts estimate that $1.1 trillion worth of commercial property is set to be exposed to dangerous hurricane winds.

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Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's

10/10/2024, 3:15 AM
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I bought a home in Florida for $540,000 and Hurricane Milton is tearing through our neighborhood. We don't have flood insurance, and I know I'm not sleeping tonight.

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