Property
- Occupancy
- Family
- Construction
- Joisted masonry
- Year built
- 2018
- Flood zone
- AE
- CAT
- Flood · wind / hail
- Named insured
- River Park Family LLC
- Manager
- Northbank Management LLC
DevelopmentsPlaced LIHTC / operating
RP
River Park Family
15 River Park Way, Durham, NC 27701
Mixed-finance 4% · placed 2018
Units
64
Occupied
62 / 64
TIV
$14.2M
Properties
1
Insurance program
- Program
- River Park Family project
- Type
- Project — mixed-finance
- Carrier
- Admitted package + excess flood
- Term
- 2025-06-03 → 2026-06-03
- AOP deductible
- $10K AOP
- Named storm
- 2%
- Flood
- NFIP + excess
- GL / umbrella
- $1M / $2M · $10M
Buildings and parcels
1 property on this development — COPE on each line.
| Property | Construction | Occupancy | Protection | Exposure | TIV |
|---|---|---|---|---|---|
River Park Family 15 River Park Way NFIP plus excess flood. | Joisted masonry (ISO 2) 54,000 sf · 2018 · 3 sty Architectural shingle · Roof replaced 2018 | Family Mixed-finance family · 64 units | Wet pipe (NFPA 13R) Smoke Yes · Central Yes PPC 3 | Zone AE River corridor | $14.2M Bldg $12.5M Contents $860K LoR $860K |
Coverage on this program
Property — River Park Family LLC
Zone AE. Excess flood in force.
$14.2M TIV + excess flood
$10K AOP · NFIP + excess
$61,000 · $.43 / $100 TIV
Conversion observation
Zone AE. NFIP plus excess flood in force. Mixed-finance LP/SP already endorsed.
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