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REITs Call on Experience and Well-Honed Plans to Weather Natural Disasters

2 months ago
Shrink Wind damage and flooding at Kimco’s Manati Villa Maria in the aftermath of Hurricane Maria in 2017, which was estimated to be a category 4 hurricane when it hit Puerto Rico. Photo courtesy of Kimco Realty. Expand Wind damage and flooding at Kimco’s Manati Villa Maria in the aftermath of Hurricane Maria in 2017, which was estimated to be a category 4 hurricane when it hit Puerto Rico. Photo courtesy of Kimco Realty.

Quality construction, capital improvement spending, and consistent maintenance have also helped mitigate fallout from significant weather events.

pconnors@reit.com