Articles

Informative articles by Rick M. Bean regarding all aspects of commercial real estate investments.

Insurance Costs Down for Apartments

According to the National Multi Housing Council, apartment owners saw a 6 percent decline in insurance costs in 2010 compared with last year. The finding came from the organization’s annual Apartment Cost of Risk Survey, which surveyed 45 owners who supplied cost data for insurance procurement for more than 750,000 apartment units. The cost of borrowing is plummeting, as are insurance costs. This is happening at a time when few apartments are being built and demand is pent up. This is the time to contact Rose City Commercial Real Estate to move from thinking about multifamily investing to becoming an apartment owner. PH: 503.577.1034 or rick@rosecitycre.com. ...

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