Case Study

Multifamily

MD Multifamily Property - $48K NOI Increase

Dundalk, MD

$48,000 NOI Increase

Solutions Found:

LOMA

Solution Value: $48,000

Solution Type: LOMA

A 60 building property just outside of Baltimore, MD, saved $48,000 in flood insurance premiums after our engineering review qualified 11 buildings for removal from the flood zone, removing the lender mandate for flood insurance.

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Discover how a multifamily property owner in Terre Haute, IN, maximized refinancing and eliminated the need for excess flood insurance coverage. NFE’s engineering review helped the owners overcome restrictions, increase property value by a staggering $1MM+, and increase NOI by $65,250 annually - all in just under two weeks!