12 Oct Our Homes Protect Tenants and Investors
In late August, early September of 2021, Hurricane Ida devastated the Gulf region — and our hearts are with those who have lost so much. While those hardest hit focus on rebuilding, we are fortunate that our communities around Memphis sustained minimal damage as Ida was downgraded to a tropical storm (maximum sustained winds of 38 mph or less) by the time it reached the area.
Our parent company, Meridian Pacific Properties, and Meridian Property Management take such weather events seriously. We are always looking for ways to mitigate risk for our tenants and investors. It is a process that begins long before we break ground.
One of the facts we like about Memphis is that it’s about 340 miles north of the gulf coast. Being that hurricanes gain strength from the ocean, this land gap helps to dissipate its power by the time it hits the Memphis area. In addition to choosing a location away from the coast, we build our homes with high-quality materials to protect our investors, residents, and communities alike.
If you are looking to invest in real estate, Meridian Pacific Properties offers a low-risk way for investors to diversify their investment portfolios and build wealth. Real estate offers low volatility, tax advantages, and a hedge against inflation.
Want to know more? Give Meridian Pacific Properties a call at 760-798-3095 to learn more about the risk-mitigation and our property-management strategies.