WASHINGTON, DC – The news coming out of Texas, Houston inparticular, has been heartbreaking.

Indeed, the Federal EmergencyManagement Agency Administrator Brock Long toldCNN that “FEMA is going to be there for years.” Thestate of Louisiana and other parts of the Gulf Coast are now facingsome peril from the remnants of Hurricane Harvey as well.

All in all, Hurricane Harvey is a storm that has rivaledHurricane Katrina in misery and destruction.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.