Intel

Apartment complex owners and property managers are operating in a competitive industry with shrinking profit margins and a hardening Habitational Insurance market. To learn more, we spoke with Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Atlanta, Georgia. What are the greatest risks facing apartment complex owners and property managers? B.W.: Historically, the most common losses faced by this industry…

Presented by: Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Amber Carver, Vice President, Associate Managing Director, Burns & Wilcox, and Tyson Peel, Vice President and Director, Property & Casualty, Burns & Wilcox Canada Hosted by: Chris Zoidis, Executive Vice President, H.W. Kaufman Group During this webinar, we discussed: The market overview from both a property and liability perspective The changing dynamics…

The former owner and manager of two apartment complexes in Washington, D.C. will pay $3.5 million to settle a tenant lawsuit alleging rat and bed bug infestations, sewage leaks, mold contamination and other hazards. The lawsuit, brought by the district’s attorney general in October 2018, also claimed the buildings’ hundreds of tenants were subjected to persistent violence, including multiple homicides…

Caesars Palace, MGM Resorts and several other Las Vegas hotel-casinos are slated to resume operations starting June 4, according to the Nevada governor’s May 26 press release. Though Las Vegas casinos must implement requirements such as mandatory temperature checks for guests and are subject to various restrictions, reopening is a significant milestone in the embattled hospitality sector’s recovery from coronavirus-related…

Earlier this month, the parents of Jonathan Swierski, a 20-year-old man fatally shot last July in the parking lot of his apartment complex in Matthews, North Carolina, filed a lawsuit against the complex’s property management company, Highmark Residential LLC, citing “negligent security” as a factor in their son’s tragic death. The altercation that led to Swierski’s death outside Paces Pointe…

A 16-unit apartment building was decimated and all 50 of its residents displaced after two fires broke out within 30 hours of each other at the Spring Hill Apartments complex in Goose Creek, South Carolina. While no one was injured in the early October blazes, which officials said appeared to be unrelated to one another, the American Red Cross was…