Using local and regional rent data for multifamily in the market, it was determined that both rents and occupancy increased dramatically between the incidents, completion of the renovations and stabilization. We provided an in-depth analysis of these figures, charting out 478 properties/17,203 similar units, as well as 5 specific and proximate comparable apartments. Additionally, we reviewed monthly occupancy and lease up of the property for the 18 month rehab period. We then subtracted actual rents collected from a notional stabilized subject property whose rents increased in-line with market trends. Rhenium staff presented these findings to legal counsel of the insurance company upon client request.