Real Estate Market Update: Spring 2025

Brown & Riding’s Spring 2025 Real Estate Market Update provides actionable insights into the real estate market and where it is trending across all lines. Experts from across the country have collaborated to weigh in on various sectors of the market, delivering a comprehensive overview of the state of the market, including the latest market dynamics and key takeaways.

A brief summary of the 5-page report is below.

For a comprehensive look, including key observations, insights, and success stories, click the button below.

For the past several years, the property market has been in a hardening cycle. Real estate accounts faced reduced available capacity, tightening of appetite, especially regarding age of construction and updates, more conservative terms and conditions, and increased rates. Additionally, the markets scrutinized building valuations, which led to increased values and catastrophic deductibles.

The casualty real estate market continues to face significant challenges, with carrier unprofitability persisting across the marketplace. While rates have steadily increased, the primary hurdle remains securing adequate terms and conditions. Rising claim activity and loss costs have led to carriers closely monitoring their exposure, resulting in heightened underwriting scrutiny across all real estate-driven casualty accounts. Insurers are closely analyzing loss history, claims trends, and geographical risks influenced by court precedents and the current litigious climate.

Each real estate venture presents unique risks. While General Liability policies offer some protection, they don’t cover all exposures, which can result in significant financial loss due to coverage gaps. Innovative coverage and alignment of policies are essential to address these challenges and secure comprehensive coverage.

For additional observations, insights, and recent success stories from Brown & Riding’s experts, click the button below.

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Joe Arduini, Jake Brannan, Andrew Giordano, Adam Lowe, and Paul Nowak bring their varying expertise to Brown & Riding’s Real Estate Practice, led by JulieAnne Lally. Working closely with the group, they contribute to a dedicated team of more than 20 professionals offering extensive knowledge of the real estate sector and providing a collaborative approach across multiple lines to help clients avoid gaps in coverage and secure the best possible coverage in the marketplace.