What are the lessons learned from the Surfside Condo Collapse?

What are the lessons learned from the Surfside Condo Collapse?

Member since 2020 · 1 post · 0 votes

My condolences to all those directly affected by this tragic event. https://en.wikipedia.org/wiki/...

I wonder why anyone would put/place their tenants in such danger. All those families, all those lives...

Where did the property owner go wrong? What could have been done differently? Needless to say, This should never happen. I don't have all the details. So as the story progresses, I would like some insight from seasoned multifamily investors about the facts of this matter.

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  • Bjorn AhlbladPro Member
    Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
    5y

    Welcome to BP! Whether you are a tenant or an owner the lesson is the same. You can get screwed when you least expect it and when your number comes up; that's it! Terrible, terrible tragedy all those lives lost! RIP!

  • Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
    5y

    I've been retained as one of the experts on this.  The lessons will be published at the proper time when a full investigation is complete.  Right now the impact of "effect" is overshadowing the scientific investigation of "cause", which is a normal human response.  However, we do need to let the science have time to come to a conclusion.

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