High interest rates and weather-related disasters will continue to have a significant effect on the real estate industry in 2024. Catastrophes and weather events, technology issues, crime and nuclear verdicts will evolve, straining profits and resulting in higher insurance rates. Demand has shifted, with less for office and more for habitational and warehouse space. At the same time, ever-increasing business costs, including insurance, will take a toll on profits.
To explore HUB International's key takeaways to protect profits and drive organizational vitality and resilience click here.
For more info in the NY area, please contact:
Jeff Rubin
Executive Vice President
HUB International Northeast
Office: 212-338-2880 | Mobile: 914-772-3981
Email: [email protected]
or
Kenny Eisman
Vice President
HUB International Northeast
Office: 516-444-3669 | Mobile: 516-375-3769
Email: [email protected]