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

Indeed, the Federal Emergency Management Agency Administrator Brock Long told CNN that “FEMA is going to be there for years.” The state of Louisiana and other parts of the Gulf Coast are now facing some peril from the remnants of Hurricane Harvey as well.

All in all, Hurricane Harvey is a storm that has rivaled Hurricane 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.