Client Profile:
Regional real estate operator managing a portfolio of 18 mixed-use buildings across the Northeast, including multifamily and ground-floor retail tenants.
Challenge:
Annual insurance costs exceeded $800,000, largely due to property (Catastrophe exposure, older construction, and tenant risk profile). The group wanted to consolidate their coverage with one broker and finance the full premium — including surplus lines taxes and fees.
AxisPeak Solution:
- Structured a 9 -month installment plan with 20% down and staggered billing to match rental income cycles
- Worked directly with the broker to support layered coverage coordination
- Created a custom reporting dashboard for the CFO to monitor payment status across properties
Outcome:
- Avoided tapping their operating line of credit
- Streamlined financing and policy documentation across multiple carriers
- Maintained continuous coverage across hurricane season without interruptions