Hurricane Harvey put as much as $55 billion worth of Houston's commercial real estate underwater

Reuters/Nick Oxford As much as 27 percent of Houston’s commercial real estate may be impacted by flooding in the wake of Hurricane Harvey, according to a CoStar analysis of flood maps. The 12,000 potentially affected properties span 433 million square feet and have a combined value of $55 billion, the real estate data company said. They include 167,281 apartments, 73 million square feet of retail space, 60 million square feet of office space and 11 hospitals. The most heavily flooded part of t...