Commercial Real Estate Solutions
OPPORTUNITIES & OPTIONS FOR COMMERCIAL REAL ESTATE COMPANIES
Reduce Expenses, Save Money, Increase NOI, Capture Extra Value
Flood risk management is a viable solution for commercial real estate companies including: REITs, owners, operators, developers, property managers of retail, office, industrial, lodging, and multifamily housing, when:
- The lender requires the purchase of flood insurance
- The property's structures have been free of flood damage
Flood risk management allows commercial real estate companies to eliminate NFIP policies, obtain free flood coverage through a master property insurance program, and to increase value at refinance or disposition by capitalizing the increase to net operating income, which is the amount of annual savings.
Qualifying commercial clients can expect to earn a 100 percent annual return on investment at the time of refinance or disposition.
Flood risk management gives commercial real estate companies opportunities and options.
More than 70% of properties reviewed by Flood Insurance Solutions qualified for reclassification into a low-moderate risk flood zone, allowing the owners to add more than $140 million in real estate value and to recapture more than $10 million in flood insurance savings.
There's no downside
to being proactive about flood risk
Our free flood risk evaluation studies characteristics unique to the property, not just the property's location on a Flood Insurance Rate Map (FIRM).
Following the evaluation, if we find that the property's high-risk flood zone is wrong, with your approval, we'll commence the complex process of petitioning FEMA for reclassification of the property into a low-moderate risk flood zone, where flood insurance is not required.
Our one-time fee* is equal to the amount of the annual flood insurance premium. It is contingent upon our successful removal of the property from the high-risk flood zone (Special Flood Hazard Area). In the event of a premium reduction, our one-time fee is equal to the reduction amount. If we find that the property is correctly designated in a high-risk flood zone, no fees are due and you have expert validation of the flood insurance requirement.
Ready to eliminate unwarranted flood insurance expenses? Obtain a free flood risk evaluation.
*Does not include fee for elevation certificates, if required.