With the recent **very early** outbreak of tornado’s in the Midwest and the official hurricane season not too far away, does your team have a plan in place for your real estate assets, buildings and apartments?
Have you and you rMultifamily property management team—reviewed your policies and procedures for disaster recovery planning?
Below are several important articles related to disaster recovery–and a number of recommendations for you and your property management team. Please share these stories, checklists and resources with those on your leadership, leasing and maintenance teams~
A Disaster Planning Guide For Property Owners/Managers
Apartment Damage In Illinois
http://www.examiner.com/emergency-preparedness-in-springfield/photos-of-harrisburg-illinois-tornado-damage-to-brady-street-apartments
Tornado Safety Tips For Apartments
http://blog.apartmentsearch.com/apartment-safety-tips/tornado-safety-tips-for-apartments/
FEMA, Plan And Prepare
http://www.fema.gov/plan/index.shtm
A-Z, A Disaster Recovery Guide
http://www.disaster-recovery-guide.com/
Do You Have A Disaster Recovery Plan In Place?
http://www.propertymanagementexecutive.com/?p=1173
Unique Disaster Planning Necessary For High-Density Housing
http://realtytimes.com/rtpages/20040910_disasterplan.htm
Within your Multifamily property management company—-what is your plan if a natural disaster were to hit your real estate assets, buildings and/or apartment communities? How often do you send communication to your residents/tenants—reminding them of the procedures in place…in case of a disaster? Do the leaders on your property management team…know exactly their roles—if/when a disaster hits?
Focusing on disaster recovery planning…how does this tie into your Multifamily real estate and apartment/commercial building insurance coverage? What does your insurance policy say in regards to tornado’s and/or hurricanes? Are there any restrictions or coverage limitations related to wind, flood or earthquake losses?
Would you like our team to do a comprehensive review of your real estate building insurance coverage—focused on disaster planning?
To learn more about this topic and to read the news, trends and ideas being shared by Multifamily property management leaders—join the discussion thread below~with 25+ posts.
Industry Knowledge, Real Estate Building Insurance
http://www.linkedin.com/groupItem?view=&gid=36805&type=member&item=76772122&qid=0dc2d3c2-c9cd-4dc8-b481-ed2e4f93d5cb&goback=%2Egna_36805
Craig Simmons
Power Insurance & Risk Management Group
http://www.PIRMG.com
877-602-6030
