CASH MANAGEMENT Valencia Shores Master – Lake Worth, FL: Moved $4,300,000 into partner banks, increasing client’s annual interest income by $33,300 Boca Pointe COA – Boca Raton, FL: Moved $600,000 into partner banks which increased interest income by $6,142 per year Wyndham Palms Homeowner’s Association – Kissimmee, FL: Increased interest earnings by $8,200 by moving…
Greenwich Club Residences, a 37-story designer condominium in Manhattan’s Financial District, was recently facing a substantial increase to its flood insurance renenwal premium. Because the policy is offered through the National Flood Insurance Program, the rates are government mandated and non-negotiable. The Board decided to explore options, enlisting the help of FS Insurance Brokers and…
LOANS CLOSED $3,025,000: Crestwood Bayview – Brooklyn, NY $1,200,000: 4900 N Marine Drive Condominium – Chicago, IL $151,000: Lot 270 Condominium – Saint Paul, MN $143,500: Lincoln Lofts Condominium – Chicago, IL CASH MANAGEMENT Visconti East – Maitland, FL: Moved $915,000 from an investment account into partner banks, increasing interest income return by $6,800 The Villages at Lynx Creek Owner’s…
Starting the year strong, FS Insurance Brokers successfully renewed insurance policies for 265 associations in the Houston market. On the heels of a challenging 2017, the HOA program continues to thrive, entering 2018 with the rollout of a new Umbrella policy program that aims to save our clients even more money on annual premiums while…