How Investors Might Weather Future Storms

Hurricane Florence on 9/12/2018. Photo by National Hurricane Center

Understandably, anxious investors seeing the impact of Florence and anticipating that the hurricane season is far from done might be wary of weathering future storms. But here are some reassuring words from a CEO of a REIT with extensive experience in apartments, senior and student housing.

“Just because a property is in a hurricane-prone area does not mean that it is not a good investment. What is most important is that investors need to ensure that they are working with a sponsor who has done their homework and has all of the proper insurance in place,” Yuen Yung, CEO of Upside Avenue, tells GlobeSt.com.