Real Estate & Multifamily Properties

No two properties are exactly alike—protect your assets while nurturing their individuality.

Navigating risks of multifamily real estate does not get cheaper by the dozen.

Our experts at BKS provide industry-leading insurance solutions to benefit your bottom line, regardless of how many properties you own.

COVID-19 has played a pivotal role in shifting the demands of many industries—multifamily real estate is no exception. The influx of remote work and development of satellite offices has increased the need for apartments, condominiums, and townhomes. While this rapid growth presents property owners and building managers with many new opportunities, a great deal of risk also looms in the shadows.

Apartment Building Owners/Property Managers

Despite the ever-changing conditions of the real estate market, property owners have three-fold responsibility when it comes to insurance. Property owners must preserve their property and its surroundings, protect tenants and guests, and keep the public from harm. Fire, inclement weather, burglary, and vandalism are only some of the perils that can keep even the most relaxed property owner up a night. A comprehensive insurance policy must also include liability insurance to cover slip and falls and the cost of defending personal injury lawsuits. With the aid of an expertly crafted insurance package, you can rest easy knowing your multifamily real estate is covered.

Our expert brokers at BKS Partners understand the unique exposures that are faced by apartment building owners and property managers. Brokers evaluate these exposures on a routine basis to determine their possible liability and financial loss, then carry the appropriate insurance to match the liability and property damage risks. Insurance to value can only exist if property is insured to replacement cost, reflecting current market construction costs that are constantly in flux. Partnering with an expert like BKS is paramount because we have the tools, training, and expertise to properly evaluate your total risk and provide the proper amount of coverage.

BKS Partners’ team of multifamily property specialists has decades of experience in identifying, analyzing, and reducing total cost of risk. Our proprietary BKS Holistic Protection™ gives us the tools and understanding to develop comprehensive risk mapping and solutions designed to fit the needs of you and your multifamily properties.  

Multifamily property services we provide include:

  • Ongoing Competitive Analysis and Market Review
  • Association Board and Unity Owner Presentations
  • Loss Prevention Planning
  • Certificates of Insurance available 24/7 through our agency-owned website (
  • Risk Management Services

Commercial Property Owners

The property insurance specialists at BKS Partners have extensive experience in commercial buildings and lessor’s risk. We stay on top of current real estate trends and market conditions to ensure the best available protection. Our expertise spans a wide range of tenant occupancy profiles. Whether your needs include retail strips with restaurant exposures or industrial buildings with heavy manufacturing, we can put together the right program to meet your needs.

Our Specialties:

  • Condominiums
  • Townhomes
  • Multi-Tenant Dwellings and Apartment Complexes
  • Homeowners Associations
  • Office Buildings
  • Heavy Industrial Buildings
  • Light Industrial Buildings

Insurance Solutions:

  • Expertise on State Specific Condominium Property Acts
  • Understanding of Associations’ Governing Documents
  • Progressive Strategies to Minimize Risks and Competitive Pricing
  • Insurance Consulting Services
  • Regular Review of Coverage Terms
  • Claims Reporting, Compiling and Follow-through

At BKS Partners, our real estate insurance engineers can support your risk management needs in the following ways:

  • Loss Control and Site Surveys
  • Review of Lenders (both as lessor and lessee)
  • Mortgage Document Review
  • Comprehensive Property Analysis – performed by a qualified 3rd party risk advisor
  • Compliance Assessment – well versed in federal, state, municipal, and local requirements
  • Claims Review
  • Boiler and Machinery
  • Umbrella and Excess Liability
  • Real Estate Errors & Omissions
  • Loss Prevention and Risk Management Resources
  • Advanced Online Certificate Procedures

We help you achieve your goals and drive down cost of risk for your business by applying our expertise in:

  • Lender Requirements
  • Terrorism
  • Contract Review
  • Insurance to Value Expertise in accordance with Marshall & Swift
  • Insurance Premium Allocations
  • Environmental Risk Transfer
  • Business Continuity Planning
  • Windstorm and Earthquake
  • Owner-Controlled Insurance Programs
  • Operational Property Risk Review

Ensure your protection is as distinctive as you are.

Get in contact with an advisor today to see how BKS can support you.