Property
- Occupancy
- Elderly / disabled
- Construction
- Non-combustible, mid-rise
- Year built
- 2019
- Flood zone
- X
- CAT
- Wind / hail
- Named insured
- Elm Senior LP
- Manager
- Northbank Management LLC
DevelopmentsPlaced LIHTC / operating
ES
Elm Street Senior
88 Elm Street, Durham, NC 27701
9% LIHTC · senior / PBRA · placed 2019
Units
80
Occupied
79 / 80
TIV
$16.6M
Properties
1
Insurance program
- Program
- Elm Senior LP project
- Type
- Project — 9% senior
- Carrier
- Admitted package
- Term
- 2025-09-10 → 2026-09-10
- AOP deductible
- $10K AOP
- Wind-hail
- 2% named storm
- Named storm
- 2%
- Flood
- Zone X — none
- GL / umbrella
- $1M / $2M · $15M
Deductibles — recorded precision
Basis, minimum, property vs program, and the policy reference. Source opens the document page and section. Not a coverage opinion.
| Deductible | Amount | Basis | Minimum | Applies to | Policy ref | Source |
|---|---|---|---|---|---|---|
| AOP | $10K AOP | As recorded on the program — not inferred as a % of TIV | $10 | Elm Senior LP project | Elm Senior LP project | Recorded program |
| Wind-hail | 2% named storm | Percent of TIV as recorded | Minimum not recorded | Elm Senior LP project | Elm Senior LP project | Recorded program |
| Named storm | 2% | Percent of TIV as recorded | Minimum not recorded | Elm Senior LP project | Elm Senior LP project | Recorded program |
Source documents on this property
Uploaded and sample files attached to this development or a building. Open the document — not a coverage opinion.
No file is attached here yet. Open the Document Library to upload or classify one.
Buildings and parcels
1 property on this development — COPE on each line.
| Property | Construction | Occupancy | Protection | Exposure | TIV |
|---|---|---|---|---|---|
Elm Street Senior — tower 88 Elm Street | Non-combustible (ISO 3) 72,000 sf · 2019 · 5 sty TPO · Roof replaced 2019 | Elderly / disabled Elevator senior / PBRA · 80 units | Wet pipe (NFPA 13) Smoke Yes · Central Yes PPC 2 | Zone X Downtown commercial / residential | $16.6M Bldg $14.6M Contents $1.0M LoR $1.0M |
Coverage on this program
Property — Elm Senior LP
Elm Senior LP
$16.6M TIV
$10K AOP · 2% named storm
$48,000 · $.29 / $100 TIV
Conversion observation
Elevator senior. PBRA. Independent living. Project program in the LP name.
Placed. The LP is the named insured. Coverage that belongs to this partnership stays on this project program.
- In conversion
- Placed LIHTC / operating
- Year 15