Multi Unit Apartments – Dan Wilkins

Peril: Fire

Multi-unit apartment claims present several critical claim issues which is why real estate owners and investors reach out to Morgan Ryan for assistance.

Balancing tenant needs, mitigation efforts while assessing damages are all required in the proper representation of real estate owners.  The team of experts at Morgan Ryan have the experience required to address these needs.

Maintaining the tenant is the primary concern of ownership. If possible, tenants of damaged units should be relocated to undamaged units within the building or within the same complex.  Extra expense coverage will offset the costs of the move as well as any make ready expenses to accommodate the tenant.

Mitigation and building stabilization steps serve a dual purpose.  First, to prevent further damages.  Second, to assist in determining the proper scope of damages for the building repair estimate.

Morgan Ryan utilizes the most up to date industry recognized estimating software in the preparation of the unit cost estimate.  Damages are documented with three dimensional technologies.  When necessary, Morgan Ryan will obtain certain mechanical contractor estimates to support the claim presentation.

By incorporating the steps outlined above, the team of experts at Morgan Ryan, Inc. provide their clients with unsurpassed service leading to the most favorable adjustment of their claim.

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Additional Successes

We’ve helped negotiate hundreds of claims over the years, here are a few successes we’d like to highlight.