CPE Poll: The Impact of Rising Insurance Costs

Commercial Property Executive has a new reader poll! We want to learn about how rising insurance costs may be impacting your firm’s investments and developments. According to data from CBIZ, commercial property insurance rates increased by 20.4 percent in the first quarter, driven in part by increasingly frequent severe weather events, as well as decades-high interest rates.

In turn, we’re interested in hearing the extent to which these increases have affected your firm’s business, from outcomes such as possible tolls on your bottom lines, to strategy adjustments, to carrier switches.

In last month’s poll, we asked readers about their planned investment alternatives amid depressed transaction volumes and inaccessible capital costs. More than hall of respondents—54 percent—listed distressed assets as their chief alternative, many of which present lucrative opportunities for conversions and capital improvements. Tied for second place were preferred equity investments, which present more stable, consistent returns, as well as less risk in comparison to more established capital stacks.

Click here to see CPE’s latest poll, and the results of previous surveys.