Insurance

Closing the Gap: Multifamily Lenders, Insurance Exclusions, and the Rising Cost of Risk

From trade blockers to strategic leverage

Brokers and insurers must shift their position from transactional intermediaries to strategic enablers, she said. “Every stakeholder — landlords, lenders, tenants, brokers, insurance companies, the state — they all view risk through their own narrow lens,” Lombardo said. “But the impact is systemic. If lenders stop trading due to insurance gaps, it affects affordable housing, delays repairs and ultimately harms tenants.”

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