Sticker shock is a reality among multifamily owners and buyers. Not so much in the sale prices, but with insurance rates.
GlobeSt.com caught up with Ryan Cassidy and Evan Seacat, both senior directors at Franklin Street Insurance Services, to discuss how lenders have changed their prices in the wake of major storms and how this has affected the multifamily market in part two of this exclusive interview. You can still read part one: What to Do About Insurance Sticker Shock.
See story at https://www.globest.com/sites/jenniferleclaire/2017/05/19/how-multifamily-lenders-are-changing-their-practices/