Hurricane Irma 2017

The Caribbean closes the books on 2017 — the most catastrophic year in the region’s modern property and investment history. Two Category 5 hurricanes, Irma and Maria, reshaped the regional landscape in September while the unaffected islands delivered their strongest winter season in years. We assess what 2017 meant and what 2018 holds.

The Caribbean suffered its most catastrophic hurricane season on record during September 2017. Hurricane Irma and Hurricane Maria — both Category 5 monsters — struck within two weeks, destroying entire communities, wiping billions from property values and triggering the worst humanitarian crisis the region has seen in living memory.