Tag: insurance

Tenant Insurance Compliance

Optimizing COI Tracking

It might seem straightforward to require that tenants provide proof of insurance when a lease is signed. However, managing a Certificate of Insurance (COI) for every tenant along with insurance policy endorsements and ensuring continuous coverage can be very challenging. Read on for a deeper dive with tips to successfully overcome challenges for maintaining tenant […]

insuring solar panels in multifamily housing

Technology

CA’s New Solar Panel Law

Savings + Risks

Not long ago, California became the first state to require that all new homes have solar power: single-family and multifamily properties alike. The rule is part of the state’s commitment to cut greenhouse gases. It will go into effect in the next two years. Under the new law, developers must either equip individual homes with […]

News, People

Risky Business

Are Your Properties Protected?

A recent Yardi Matrix research bulletin titled “Flood and Fire: The Multifamily Sector’s Response to Natural Disasters,” assesses the state of U.S. multifamily markets in areas hit hard by natural disasters in 2017 including hurricanes and wildfires. Hurricanes alone caused around $110 billion in total reported property damage. The bulletin also covers the impact of […]

News

Recovery from Harvey

Aid Heads to Texas

In the wake of Hurricane Harvey, Congress has approved a $15.25 billion disaster aid package for the Federal Emergency Management Agency (FEMA). An additional package for Hurricane Irma recovery is likely under deliberation. The approved funds will contribute to, yet not cover, emergency assistance for regions of Texas and Louisiana overcome by Hurricane Harvey. The […]