Rebuilding Mode: Puerto Rico in Recovery

McQuaid, Kevin. “Rebuilding Mode.” Business Observer, 20 Oct. 2017, www.businessobserverfl.com/section/detail/rebuilding-mode/.

Business Observer covered the damage in Puerto Rico and our centers there after Hurricane Maria.

“From a damage perspective, our initial fears — based on some very grainy photos we received — were that it looked like we had some very severe damage,” says Ron Wheeler, CEO of St. Petersburg-based The Sembler Co., which owns a half-dozen properties on the island in conjunction with Forge Capital Partners, of Tampa.

“Fortunately, the situation is not as bad as we anticipated and early reports indicated,” he adds. “We have some trees down at our properties, not surprisingly, and some significant damage to roof areas, because some HVAC units were literally blown out of their brackets and impacted the roofs they were on.”

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