Multifamily Property Insurance - Post Sandy
Friday, February 08
The ripple effect of Hurricane Sandy aftermath continues to adversely affect multifamily property owners throughout the State of New Jersey by way of rising insurance premiums. No matter the building size (small 2-3 story walkups to 100+ unit garden style complexes) all assets were susceptible t...
The Sustainable Future of Multifamily
Saturday, March 31
(April 2012): In today’s market, multifamily represents the most stable and sought after real estate investment property type in the commercial and residential sectors respectively. With that said, it’s imperative that Owners factor in preventative maintenance strategies to assure building co...
Multifamily Risk Management - Are You in Good Hands?
Sunday, March 04
(March 2012) One of the most costly fixed operating expenses for multifamily owners is property insurance. As apartment buildings fluctuate in value due to market conditions and cashflow, the key to maintaining proper risk management is thru policy evaluation. Savvy Owners undergo policy term...
Tax Appelals - A Multifamily Sign of Relief
Monday, February 13
One of the most costly operating expenses for multifamily Owners is Property Taxes. In many cases, this expenditure can account for approximately 20% - 22% of APOD (Annual Property Operating Data) and endure annual increases ranging from approximately 2% - 3%. Depending on the municipality (5...
Ready...Set...BUILD Multifamily
Sunday, January 01
Welcome to the debt of The Unit – Perspectives in Multifamily; a monthly blog covering topics and insight in relation to multifamily from a Commercial Broker perspective. All commentary is strictly personal opinion, but embodies a combination of in-the-field experience and material data from a m...