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
LOMA
View Other Case Studies
Slashing Refinance Red Tape
Refinance Requirement for Flood Insurance Avoided - Boise, ID
Discover how a multifamily property owner in Dover, DE, eliminated the need for flood insurance coverage while maximizing their refinance. NFE’s engineering review helped the owners overcome restrictions while also increasing property value.
$174K in Annual Budgetary Saving
16 of 18 Buildings Removed from SFHA - Palm Harbor, FL
Learn how a Palm Harbor, FL condominium community saved $174K annually on flood insurance premiums after NFE's comprehensive engineering review successfully removed 16 of the 18 buildings from the high-hazard flood zone.
$48,000 NOI Increase
MD Multifamily Property - $48K NOI Increase - Dundalk, MD
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.