NFE was successful in qualifying 17 of 21 multifamily buildings in Mobile, AL for removal from the SFHA, resulting in nearly $50K NOI increase for the property owners.
Case Study
Multifamily
17 of 21 Buildings Removed from SFHA
Mobile, AL
$50K+ in total savings
Solutions Found:
LOMA
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$120,000 in Added Property Value
Lender Mandates Removed For A Multifamily Building in Oklahoma City, OK - Oklahoma City, OK
Discover how NFE successfully removed a multifamily building in Oklahoma, OK, from a complex A flood zone. After conducting a thorough Flood Expert Survey, we obtained FEMA's approval for a LOMA, saving the client nearly $7,200 per year on flood insurance and boosting property value by approx. $120,000.
$10K Saved & Headaches Avoided
Commercial Development Firm Wins Big in NY - Brooklyn, NY
An entire undeveloped lot was being pulled into the SFHA, creating permitting nightmare for the owners. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.
$23K in Premium Savings
Maryland Yacht Club Saves $23K - Annapolis, MD
A Yacht Club in Annapolis, MD was alerted by the NFIP that their flood insurance policy was being non-renewed & they were shocked when the private carrier quote came in at $30,000+ annually. Their Insurance Agent called National Flood Experts to see if we could assist & our team went to work and provided $23K in Premium Savings.