Hurricane Florence: How Will the Storm Affect Multifamily Fundamentals?
One year removed from the devastation created by Hurricane Harvey in the Houston area, the country is once again reeling from another major storm. Hurricane Florence, which made landfall Sept. 14 along the North and South Carolina border, appears to be one of the most catastrophic hurricanes to ever hit the Carolinas with its torrential rainfall and widespread flooding.
Major hurricanes often displace large numbers of local residents from their…