Threats of Terrorism Can Impact Commercial Real Estate

Not a day goes by that the front page of every newspaper across the country features a story involving an act of terrorism somewhere. The same sad story seems to hold true for television news too. Fortunately for us, the violence is rarely at our doorstep but the worldwide threat of terrorism does impact commercial real estate in our country. Ever since that dreadful day in September 2001, the risk of another calamitous attack on US soil has severely limited the availability of affordable casualty insurance for owners of commercial…