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
View Other Case Studies
$1.75MM+ in Added Property Value
NJ & NY Multifamily Properties Save $105K+ - Multiple, NY
In this case study, a New Jersey-based Commercial Real Estate Developer partnered with National Flood Experts (NFE) to reduce annual flood premiums and increase the property value of their multifamily properties in NJ & NY. NFE successfully removed flood insurance mandates from 15 buildings, resulting in approximately $105,000 in annual cost savings and over $17.5 million in increased property value.
Shopping Center Saves $15K
Vermont Shopping Center’s Annual Premium Reduced by $15K+ - Manchester Center, VT
Learn how NFE’s engineering review identified a consulting scenario that helped a real estate investment firm reduce the annual flood insurance premium for a Manchester City, VT, shopping center by more than $15,000.
$166,000 in Added Property Value
Multifamily Property Increases NOI by $10K - Overland Park, KS
Discover how a multifamily property owner in Overland Park, KS, added approximately $166,000 in property value and increased NOI by nearly $10,000 by working with National Flood Experts (NFE) thanks to an introduction from their insurance broker.