Case Study

Multifamily

Multifamily Property Removed from SFHA Prior to Renewal

La Porte, TX

$130K + in Added Property Value

Solutions Found:

LOMA

Solutions Value: ≈$8K in Flood Insurance Mandates Removed | $130K in Added Property Value

NFE Solutions: LOMA (Letter of Map Amendment)

The NFE team recently completed a time-sensitive project for a multifamily property in La Porte, TX, which involved obtaining Letters of Map Amendment (LOMA) for four buildings. To our delight and that of the client, FEMA approved the LOMA application within 48 hours of submission, allowing our clients to cancel their flood policies without incurring renewal expenses.

This project's success is a testament to NFE's unwavering dedication to delivering exceptional customer service and meeting tight deadlines. Trust NFE to deliver outstanding results, even with challenging timeframes!

View Other Case Studies

Image of Multifamily property for 19 of 29 Buildings Removed from SFHA

$365K+ Added in Property Value

19 of 29 Buildings Removed from SFHA - Coral Springs, FL

On a rushed timeline due to an upcoming sale, NFE's flood experts helped the nation's largest multi-family property owner save ≈$22K in annual flood insurance premiums while also adding $365K in property value for a 29-building property in Coral Springs, FL. NFE’s field work and engineering review maximized cost savings and helped the current and future owners avoid costly premium hikes on the horizon.

Image of Multifamily property for Affordable Housing Community Wins Big

≈$137K in Property Value Added

Affordable Housing Community Wins Big - Brewster, MA

Learn how National Flood Experts helped a property management client increase the value of their multifamily affordable housing property in Brewster, MA, by nearly $137,000. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by $8,000+ while increasing property value.

Image of Multifamily property for $11K in Premium Savings Realized in 5 Days for GA Multifamily Property

$187,000+ Added Property Value

$11K in Premium Savings Realized in 5 Days for GA Multifamily Property - Thomasville, GA

Discover how National Flood Experts resolved a flood zone impact for a multifamily property in Thomasville, GA, in only 5 Days. NFE's swift solution eliminated lender mandates for NFIP and excess flood insurance, providing immediate relief from high insurance costs. The result? Over $11,000 in annual flood insurance savings and $187,000+ in added property value.