“As a dynamically growing, nationally recognized CPA firm, our risk management and insurance needs are complex and require an informed and thoughtful approach. Rhodes Risk Advisors is a key strategic partner of our firm and has provided us with sanguine advice that has been instrumental to us as we navigate the complex risk environment surrounding both our profession and that of our rapidly growing firm.” – Jeremy Sperring, Chief Operating Officer of Frazier & Deeter.
“We have been so pleased with the customer service we’ve been receiving on our account from the Rhodes team. We’ve had a number of unanticipated, quick-turnaround requests since we started doing business with Rhodes Risk Advisors, and they have handled them all very efficiently.” – Vice President of Finance and Accounting, Atlanta Habitat for Humanity
Multifamily Real Estate
Rhodes recently provided insurance services to a multifamily property owner that resulted in increased property and liability coverages and a cost savings of 33%, over $200,000 in savings. The portfolio of assets was predominantly class B 1980’s and 1990’s vintage located throughout Central and South Florida. In addition to the significant cost savings, the insurance program procured by Rhodes Risk Advisors provided several coverage enhancements above and beyond what was required by the lender for these assets (Freddi Mac and Fannie Mae).
Multifamily Builders Risk
Rhodes Risk Advisors provided the builders risk coverage for a $45mm multifamily mixed use development. The project which consists of 271 apartment units and 20,000 SF of retail space is predominantly frame construction. Rhodes was able to achieve below market pricing of roughly 15%. The results were well received by the project owner as they helped to offset other costs that arose from the rapidly increasing cost of construction. The builders risk program also included coverage for Flood, Earthquake, and Interior Water Damage, which are all enhancements to the traditional builders risk policy.