This week, Dan Freudenthal, President at CRIO, presented at the NMHC OPTECH – the premier multifamily conference and exposition that took place on November 14-16, 2016 in Dallas, Texas. The event brought together over 1,400 top minds of the multifamily industry, including multifamily real estate owners, operators, managers, investors, COOs, CEOs, CTOs, CIOs, VPs, data analysts, risk managers and financial analysts.
As a thought leader in the area of flood risk, Mr. Freudenthal shared his insights on flood while leading the session “Rising Flood Risk & Changes in Flood Insurance for Apartments”. During the session, he provided an overview of both the National Flood Insurance Program (NFIP) and the private flood insurance market, and navigated session attendees through the current regulatory landscape as well as the NFIP re-authorization challenges. Mr. Freudenthal also further explained flood deductible language for properties in Special Flood Hazard Areas (SFHA), explained what to look for in order to avoid possible gaps in coverage, and what apartment communities can do to mitigate their increasing risks.
Mr. Freudenthal has been an active speaker at risk management and commercial real estate conferences about the topics of flood risk, flood insurance, flood zone correction and elevation certificates, and has published numerous articles in commercial real estate, risk management and insurance industry publications.