In the News
Bonaventure’s Barrett Lowell Quoted in Multi-Housing News on Evolving Insurance Costs
Overview
Bonaventure’s Barrett Lowell, Head of Asset Management, was quoted in Multi-Housing News in the article Why Insurance Costs Are No Longer High All Over, offering perspective on how insurance expense dynamics are shifting within the multifamily sector. Lowell noted that recent market behavior reflects a nuanced insurance landscape where premiums and deductibles have changed unevenly across markets and property types as carriers adjust risk appetite after recent volatility. He highlighted how higher insurance costs have compressed net operating income and influenced valuation assumptions, especially in capital-intensive segments and higher-risk geographies, illustrating how operators are adapting underwriting and risk-management strategies to navigate emerging fundamentals.