If you think you have to replace that roof in your portfolio, think again... “This roof is in pretty good shape,” recalls Lewis. “It has some isolated defects, but the building owner has been convinced by the manufacturer, the consultant, the contractor, the engineer and the architects that, because it’s 15 or 16 years old and out of warranty, it needs to be replaced.” It was what Lewis calls his “aha moment.” He sent a sample of the roof membrane in question to a lab for testing and learned that the material was actually stronger after 15 years than it had been the day that it was installed. From our recent piece with The Real Deal on how the original idea for Fortis first came to be. More links in the comments ⬇️ ⬇️ ⬇️
Fortis
Business Consulting and Services
Denver, Colorado 386 followers
Roof Performance & Financial Certainty, Guaranteed
About us
The nation’s leader in providing guaranteed roof performance programs for commercial buildings for over 20 years.
- Website
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https://fortis.us.com/
External link for Fortis
- Industry
- Business Consulting and Services
- Company size
- 11-50 employees
- Headquarters
- Denver, Colorado
- Type
- Privately Held
- Founded
- 2003
Locations
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Primary
50 S Steele St
Denver, Colorado, US
Employees at Fortis
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Conner Harmon
Business Development Representative
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Caleb Moore
Senior Strategic Account Manager | Sales Strategy, New Business Opportunities
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Michael Stanley
Financial Analyst | BSBA, Finance & International Business | PSIA Level 3
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Jonathan Shivers
Business Development Representative at Fortis Warranty
Updates
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“Our prices are generally between 30% and 40% of a new roof,” says Lewis. “It’s a fraction of the price, better warranty terms and a stronger financial guarantee than you’re going to find buying a new roof.” If you haven't read it yet, see our latest piece with The Real Deal and learn the Best-Kept Secret in all of Commercial Real Estate #CRE #therealdeal #fortis #roof #assetmanagement #capital #budgets #newroof #roofreplacement #acquisition #disposition #ESG
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Learn about the best-kept secret in all of Commercial Real Estate in our latest piece with The Real Deal.
More than 80% of roof replacements are unnecessary. That's why Rick Lewis founded Fortis, a roof life extension company that unlocks a new source of capital for CRE owners. Read our latest to learn about this scientific solution to an industry-wide problem. https://lnkd.in/efhDzj5W Featured: David Schupmann #BrandStudio #BuildingSolutions #CRE #RoofLifeExtension #InnovativeRoofing #Sponsored
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Many customers ask us: "What states do you work in?" The simple answer is, well...all of them! In fact, Fortis has expanded to all 50 states and even to six other countries in our 21 years of business. That means we can cover you wherever you are in the United States and even beyond. Hear from Brent Winn, CFO of Medalist Diversified REIT, on how that benefited their Roof Performance Plans on their properties. #FortisFriday #REIT #national #US #international #roof #assetmanager #CRE #service #propertymanager #ESG #buildings #roofing #budgets
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Are you a coating solution? No. Are you a contractor? Nope. Are you a PM program? Not quite. There are lots of things we aren't, but one thing is for sure...we offer the industry's only alternative to a roof replacement that saves you 60-70% and guarantees performance with a warranty. If you're preparing to replace a roof, you're going to overspend. #roof #finance #budgets #acquisitions #dispositions #CRE #assetmanagement #alternative #roofing #replacement #ESG #contractor
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Fortis reposted this
The nation’s leader in providing guaranteed roof performance programs for commercial buildings for over 20 years.
Has the roof ever impacted a property transaction of yours? #FortisCanHelp
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Your roof is an #asset, not a #liability - use it to your advantage and get back to what matters most.
The nation’s leader in providing guaranteed roof performance programs for commercial buildings for over 20 years.
Fix some floors, replace the cabinets, put in a pool, do some landscaping instead. Let Fortis take care of your roof. #MultifamilyMonday #FortisSaves💰 #WouldntItBeNice
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Better yet, leverage a Roof Performance Program to alleviate those headaches all-together and simplify your transaction. #warranty #selling #buying #protection #CRE #Broker
Unless something crazy comes up during due-diligence, asking for a price reduction is an utter embarrassment. You want $30k off the price because the roof is old? You knew it was a 2001 building when you made the offer. Asking for $10k for parking lot fixes? You walked the site before you signed the contract. Don’t bother asking. Just send over the termination. Goodbye.
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The roof is often the single biggest capital expenditure in the building envelope, and it's constantly a tension point between buyers and sellers in a property transaction. BUT... If you're strategic about the roof in the right ways, it can become one of your biggest advantages in acquisitions and dispositions. Don't fall into the trap of paying for a hefty roof replacement just to close a deal. Contact Fortis to see how much you can save and put money back into your pockets. #FortisFriday #roof #CRE #building #Propertytransaction #capital #budgets #acquisition #disposition #commercial #forsale #CRE #expenditure
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Budget season is upon us and we'd love to know - how are you preparing for your upcoming budget talks? Whether you're planning for 2025 projects, expecting leftover dollars or fearing you don't have enough - let Fortis be your budget solution.
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