Case Study

Commercial

National Hotel Portfolio Saves $53K in Premiums

Miami & Marathon, FL

Image of Commercial property for National Hotel Portfolio Saves $53K in Premiums

$670K in Added Property Value

Solutions Found:

LOMA

Solution Value: Over $53K in Lender Mandated Flood Insurance Premiums Removed

NFE Solution: LOMA (Letter of Map Amendment)

A Hotel portfolio with locations across the US saved more than $53K in flood insurance premiums adding ≈ $670K in property value (assuming an 8% CAP rate). A HUGE win for the client!

NFE reviewed 22 hotels in the client’s portfolio across the country and was successful in qualifying 15 hotels for a LOMA. These solutions resulted in the removal of lender mandates for flood insurance for these properties. These solutions boosted the value of the portfolio significantly and dramatically reduced annual flood premiums by the thousands.

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Image of Multifamily property for Commercial Development Firm Adds $111K in Property Value

$111,000 in Added Property Value

Commercial Development Firm Adds $111K in Property Value - Tucson, AZ

In Tucson, AZ, a client had $5,500 per year in flood insurance expenses on two apartment buildings in the AE flood zone. SPOILER ALERT: Not anymore.

Image of Multifamily property for Property Owner in Texarkana Trims Year-Over-Year Flood Insurance Premiums by $10K

$10K Year-Over-Year Savings

Property Owner in Texarkana Trims Year-Over-Year Flood Insurance Premiums by $10K - Texarkana, TX

Discover how NFE helped a property owner in Texarkana, TX, overcome high flood insurance premiums. Through a comprehensive Flood Expert Survey (FES) and expert analysis, NFE successfully obtained a Letter of Map Amendment (LOMA), resulting in a yearly savings of approximately $10,000 and an increased property value of $167,000. Experience our expertise in flood risk management and effective solutions for tangible benefits.

Image of Multifamily property for RI Affordable Housing Community Adds $142K in Property Value

LOMA Success Saves $8.5K/Year

RI Affordable Housing Community Adds $142K in Property Value - North Kingstown, RI

Learn how National Flood Experts helped an affordable housing community in North Kingstown, RI, increase the value of their property by $142,000, remove lender mandates for five buildings, and improve annual NOI by $8,500+. Through NFE’s comprehensive engineering review, flood expert survey, and advanced modeling services, five buildings were successfully removed from the high-risk “A” flood zone.