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How One Insurance Waiver Saved a Client $14 Million w/ Guffy Wright
Guffy Wright explains how one lender waiver saved a client $14 million in value on a multifamily portfolio.
Guffy Wright has spent 18 years placing commercial real estate insurance and now leads a team approaching $150 million in annual premiums at the Mahoney Group, up from $40 million in 2019. In this conversation, he breaks down how insurance stops being a line-item expense and becomes part of an investor's equity strategy.
Guffy walks through a lender waiver process that recovered $830,000 in premium savings, equal to $14 million in value at a 6% cap rate, and explains why staying with…
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