Commercial Real Estate

Shaken, not stirred: LA commercial landlords are opting out of earthquake insurance

13 days ago   |   By The Real Deal New York

Doomsday prophets in Los Angeles are waiting for the Big One. It's the earthquake with a magnitude of 7.8 or above that would strike along the southern San Andreas fault line, pulverizing L.A.'s built environment, flattening homes, offices, shopping centers and likely leading to tens of billions of dollars in property damage - not to mention loss of lives. Such a quake would be 44 times stronger than the one in Northridge in 1994, a
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