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Sustainability Street: Inside CRE's Flood Insurance Quandary

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Manage episode 448459350 series 3180111
内容由Commercial Property Executive提供。所有播客内容(包括剧集、图形和播客描述)均由 Commercial Property Executive 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in.

For this episode, my guests—Sairah Burki, managing director & head of Regulatory Affairs & Sustainability at the Commercial Real Estate Finance Council, and David McCarthy, CREFC managing director & head of Legislative Affairs—delve into the legislative logjam around the National Flood Insurance Program, which, though basically insolvent, is the only flood insurance alternative for many.

They also discuss the need for long-term authorization, and innovative strategies around flood coverage.

“The policymakers have to decide who is going to pay for this,” McCarthy said. "Is it going to be the Federal government? "

Here are some highlights from our conversation:

  • A worsening problem (1:30)
  • The rising cost of coverage (7:17)
  • What it means for owners and lenders (8:37)
  • A bi-partisan concern (12:58)
  • The industry lobbies for clarity and resilience (15:22)
  • What a new administration means for sustainability (23:27)

Follow, rate and review CPE’s podcasts on ⁠Spotify⁠ and ⁠Apple Podcasts⁠!

  continue reading

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Artwork
icon分享
 
Manage episode 448459350 series 3180111
内容由Commercial Property Executive提供。所有播客内容(包括剧集、图形和播客描述)均由 Commercial Property Executive 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in.

For this episode, my guests—Sairah Burki, managing director & head of Regulatory Affairs & Sustainability at the Commercial Real Estate Finance Council, and David McCarthy, CREFC managing director & head of Legislative Affairs—delve into the legislative logjam around the National Flood Insurance Program, which, though basically insolvent, is the only flood insurance alternative for many.

They also discuss the need for long-term authorization, and innovative strategies around flood coverage.

“The policymakers have to decide who is going to pay for this,” McCarthy said. "Is it going to be the Federal government? "

Here are some highlights from our conversation:

  • A worsening problem (1:30)
  • The rising cost of coverage (7:17)
  • What it means for owners and lenders (8:37)
  • A bi-partisan concern (12:58)
  • The industry lobbies for clarity and resilience (15:22)
  • What a new administration means for sustainability (23:27)

Follow, rate and review CPE’s podcasts on ⁠Spotify⁠ and ⁠Apple Podcasts⁠!

  continue reading

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