The Billions in CRE Financing That the 2018 Hurricane Season Has Put at Risk – CrediFi

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The Billions in CRE Financing That the 2018 Hurricane Season Has Put at Risk Florence and Michael, the season’s two most destructive hurricanes, not only caused death and devastation across the Southeast, but also put billions of dollars in commercial real estate financing in the Carolinas and Florida at risk.

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“A hurricane season in which there are multiple severe storms may negatively affect loan performance if damage is widespread and severe and.