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The Cost of Rare Freezes: Building Financial Reserves for Winter Damage When temperatures plunged across Texas in February 2021, the winter storm caused an estimated $30 billion in losses. Burst pipes flooded office towers, sprinkler systems failed, and HVAC units designed for mild winters b [...]
Extreme Weather in CRE: Preparing for Tomorrow Property managers and operators must be ready for almost anything, both for tenants and staff. Putting strategic plans to safeguard properties and operations during extreme weather events can ensure your property and sta [...]