Habitational

Property Owner Sued Over Fatal Shooting at Apartment Complex

Earlier this month, the parents of Jonathan Swierski, a 20-year-old man fatally shot last July in the parking lot of his apartment complex in Matthews, North Carolina, filed a lawsuit against the complex’s property management company, Highmark Residential LLC, citing “negligent security” as a factor in their son’s tragic death. The altercation that led to…

Apartment Building Catches Fire Twice in Less than 48 Hours

A 16-unit apartment building was decimated and all 50 of its residents displaced after two fires broke out within 30 hours of each other at the Spring Hill Apartments complex in Goose Creek, South Carolina. While no one was injured in the early October blazes, which officials said appeared to be unrelated to one another,…

Four Inside Tips on Habitational Insurance

What your clients should know about Habitational insurance There are more than 500,000 businesses in the U.S. apartment rental industry, accounting for $163 billion in revenue.1 Additionally, in Canada, consumers have been flooding back to apartments where the vacancy rate is 1.3 percent.2 When setting out to own and operate an income property, entrepreneurs often consider…