Would he do anything different now, than he did in 2011? He
answers: “For people in our industry, you need to have a proactive
plan for outreach rather than waiting for the clients to seek help. We
were able to help a lot of people who called us, but we could have
helped many more people and gotten more goodwill if we had been
better organized to reach out to multinationals.”
Although some states such as California and Alaska are prone
to earthquakes, by far the most frequent and expensive of natural
disasters in the United States come from
Hurricane Sandy, which ripped
through the Northeast last year was a terrible natural disaster, but more often than
not the states along the Gulf of Mexico,
from Florida to Texas experience the
Professional Report checked in with
two SIOR members in Florida and
Houston to see how they prepare for hurricanes.
Basically, whether as a property manager or broker, John
Steinbauer, SIOR, president of Steinbauer Associates in Miami,
and Mike Spears, SIOR, vice president of brokerage at The
National Realty Group Inc., in Houston, recommend being proactive and informative.
In regard to investors, or buyers of property in the Miami area,
says Steinbauer, “you need to make them aware of what a storm will
do and what they need to have on their property so that it can button-
down during a storm, including high-impact windows and shutters.
They should also have emergency power. The key is being able to
function after the storm for some period of time without power and
other modern conveniences.”
He adds, “some investors don’t give hurricanes a thought. If they
are new to South Florida, they don’t under-
stand the power of these storms. We do have
warnings so you can prepare, but it is best to
be prepared well in advance.”
As a property manager, Steinbauer tries
to be proactive. At the start of the hurricane
season, his company sends a note to tenants
indicating they should always be prepared
for a serious storm, including making sure
shutters are working and have a plan to put
things out of harm’s way in the advent of flooding.
“The hurricane season begins in June, so we send out a notice in
May to tenants and landlords,” says Steinbauer.
Down in Houston, Spears advises tenants to have an emergency
plan in place that takes into account communications and power
issues that can arise after a storm. He also advises tenants and even
investors to have a back-up generator in place.
After Natural Disaster, Problems Arise.
Be Proactive, Informative.
“IT’S THE LACK
IN A LARGE SCALE
DISASTER THAT MOST
PEOPLE ARE NOT