{"id":21596,"date":"2023-01-20T14:58:12","date_gmt":"2023-01-20T14:58:12","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=21596"},"modified":"2023-01-20T14:58:12","modified_gmt":"2023-01-20T14:58:12","slug":"commercial-real-estate-faces-rising-flood-threats","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/","title":{"rendered":"Commercial Real Estate Faces Rising Flood Threats"},"content":{"rendered":"\n<p>Flood risks are increasingly posing a risk to commercial real estate, and a new report cautions the sector to be prepared.<\/p>\n\n\n\n<p>About 730,000 retail, office, and multiunit residential properties face potential risk annually of flood damage, according to a new report from the First Street Foundation, a nonprofit research group. Damage from flooding could cause $13.5 billion in damages in 2022 and increase to $16.9 billion by 2052, according to the report, which focused on sea-level rises and flash flooding events. First Street partnered with Arup to evaluate flood risks on commercial properties in the U.S.<\/p>\n\n\n\n<p>\u201cIt absolutely will have an impact on the value of these structures because you\u2019re increasing the risk and the known risks to these buildings, which then has a negative impact on the value of them today,\u201d Matthew Eby, founder and executive director of First Street Foundation, told CNBC. \u201cWe have companies like Nuveen or Morningstar or these large institutional investors that are looking at our data to understand what\u2019s at risk today and over that period of ownership. How do you plan against these things or ensure that you\u2019re buying into the right commercial real estate assets?\u201d<\/p>\n\n\n\n<p>Eby says that once businesses understand the risks they can take steps to try to mitigate those risks to their properties and potential costs involved.<\/p>\n\n\n\n<p>Last year, realtor.com\u00ae added a flood score for residential houses in the U.S. to both for-sale and off-market properties listed at its site. The flood risk data is from both Federal Emergency Management Agency flood zone maps and Flood Factor. The score can be used to help homeowners determine what properties may need flood insurance, even if their lender doesn\u2019t require it. Read more: Realtor.com\u00ae Adds New Flood Risk Tool to Listings.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/01\/architecture-g8c9e34bb3_640.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"329\" src=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/01\/architecture-g8c9e34bb3_640.jpg\" alt=\"\" class=\"wp-image-21597\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/01\/architecture-g8c9e34bb3_640.jpg 640w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/01\/architecture-g8c9e34bb3_640-300x154.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">Image by <a href=\"https:\/\/pixabay.com\/users\/stocksnap-894430\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2608323\">StockSnap<\/a> from <a href=\"https:\/\/pixabay.com\/\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2608323\">Pixabay<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flood risks are increasingly posing a risk to commercial real estate, and a new report cautions the sector to be prepared. About 730,000 retail, office, and multiunit residential properties face potential risk annually of flood damage, according to a new report from the First Street Foundation, a nonprofit research group. Damage from flooding could cause &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21596","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Commercial Real Estate Faces Rising Flood Threats - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Commercial Real Estate Faces Rising Flood Threats\",\"datePublished\":\"2023-01-20T14:58:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/\"},\"wordCount\":312,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/architecture-g8c9e34bb3_640.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/commercial-real-estate-faces-rising-flood-threats\\\/\",\"name\":\"Commercial Real Estate Faces Rising Flood Threats - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Commercial Real Estate Faces Rising Flood Threats - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Commercial Real Estate Faces Rising Flood Threats","datePublished":"2023-01-20T14:58:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/"},"wordCount":312,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/#primaryimage"},"thumbnailUrl":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/01\/architecture-g8c9e34bb3_640.jpg","keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/commercial-real-estate-faces-rising-flood-threats\/","name":"Commercial Real Estate Faces Rising Flood Threats - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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