3 Common Types of Insurance for Multifamily Properties
Real estate, such as multifamily properties, is generally considered a good investment as it’s tangible and can offer a better safeguarding of capital than other investment assets. However, a casualty loss with underinsurance can convert a good investment into a fiscal liability. Multifamily properties are often defined as either commercial or residential real estate based […]
Rent Roll in Commercial Real Estate
What is a Rent Roll? Rent rolls list all the tenants currently occupying a particular property. These could be individual tenants at multifamily properties or corporate tenants at an office park. Your rent roll will usually be provided by the current owner or investment group when you are in the process of acquiring a property. […]
What is a BOV in Real Estate?
One of the questions both Borrowers and Lenders of Commercial Real Estate often ask is: what is my property or properties worth? A BOV in real estate stands for a “broker’s opinion of value.” BOVs can be conducted by either a CRE broker or a commercial real estate asset management company. There are numerous reasons […]