Large Bank Supervision Forum 2023

CRE Values – Trepp on latest Bank Stress Tests “CRE Prices are expected to DROP 40%

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Property Insurance Rates: Disasters & Rising Insurance Rates – NOT just in FL…

Communities across the United States and North America are impacted annually from a broad range of disasters that displace millions of people, disrupt economies, and disturb real estate conditions, and resulted in $2.275 trillion of recovery costs since 1980. These disasters emanate not just from hurricanes along the Gulf and Atlantic coasts, wildfires in drought-stricken Western states, or tornadoes through “Tornado-Alley” extending from Texas to Kentucky; they also include flooding in the upper-Midwest region downward through the South, ice storms, utility infrastructure outages such as the February 2021 Winter storm Uri that knocked out electric service to Texans for more than a week, and terrorism as the shutdown of Colonial Pipeline from a ransomware attack in May 2021.

https://www.ncei.noaa.gov/access/billions/

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