Closing a multifamily transaction is not always just about negotiating the purchase price and financing terms. Lenders analyze all sources of risk when providing the loan, and insurance ranks right up there at the top. Having your multifamily insurance lender compliance for properties lined out prior to closing can be the deciding factor in a successful funding experience or a costly one. This checklist outlines what lenders expect from you and why it is so important. Why I

To own an apartment complex is to secure much more than just buildings and rooftops. All it takes is one incident of no insurance, and an entire year’s worth of rent can vanish in a single night. For that reason, multifamily property insurance is necessary: a combination of coverage for the building itself, losses due to lack of rent, and liability exposure, all in one customized package. Here we will examine what exactly this insurance entails. What Is the True Scope of Mul