Lending
$12,000,000: Chatham Green – NY (Directed by Adele Chen)
$5,800,000: 120 Central Park South – NY (Directed by Mark Pepe)
$3,000,000: Regalia on the Ocean Condo – FL (Directed by Matt Zagaja)
$1,599,700: 60 Colbourne – ON (Directed by Shawna Thompson)
$860,000: Reservoir Place Condo – MA (Directed by Dan LeBlanc)
$288,000: Alderon Woods – TX (Directed by Michelle Walsh)
$100,000: Coventry Creek – VA (Directed by Helene Bates)
Cash Management
Windsong at East Brunswick Condominium Association – East Brunswick, NJ: Reallocated $1,080,905 to help the association earn an additional $6,144 per year
Residences at Two Liberty Place Condominium Association – Philadelphia, PA: Reallocated $805,581 to help the association earn an additional $2,888 per year
Tremont on the Common Condominium Trust – Boston, MA: Reallocated $3,217,560 to help the association earn an additional $9,788 per year
Plaza Grande at Old Bridge – Old Bridge, NJ: Reallocated $2,746,208 to help the association earn an additional $14,789 per year
Enclave at Shrewsbury – Shrewsbury, NJ: Reallocated $419,265 to help the association earn an additional $3,466 per year
Denbigh Homeowners Association – Paoli, PA: Reallocated $565,282 to help the association earn an additional $2,071 per year
Milford Country Club Condominium – Milford, MA: Reallocated $170,197 to help the association earn an additional $1,773 per year
Castle Village – New York, NY: Reallocated $20,000,000 to help the association earn an additional $335,000
Maxwell Place – Hoboken, NJ: Invested $3,000,000 in CD ladders to help the association earn an additional $20,000 per year
31 Operating Corp – New York, NY: Reallocated $1,700,000 to help the association earn an additional $5,500 per year
The Nexus Condominium – Brooklyn, NY: Reallocated $600,000 to help the association earn an additional $7,000 per year
1780 Property Owners Association – Asheville, NC: Reallocated $600,000 to help the association earn an additional $5,700 per year
Hampton Hall Carriage HOA – Bluffton, SC: Reallocated $350,000 to help the association earn an additional $6,700 per year
The Carr at Pinecrest Condominium – Lincolnia, VA: Reallocated $1,000,000 to help the association earn an additional $5,200 per year
Insurance
Centreville Crossing Condo – Centreville, VA: Broker agent provided an admitted renewal option with a revised Water Damage Deductible and $4,000 premium savings when expiring carrier non-renewed due to claim history
Cambridgeport Commons Condo Trust – Cambridge, MA: Broker partner provided new client with premium savings of $11,000 along with a lower Earthquake Deductible, higher Sewer/Drain Backup and Ordinance or Law limits with a potential 2-year rate lock
Edgewater Place Condo Trust – Quincy MA: Broker partner was successful in getting the building grandfathered into a low hazard flood zone reducing the initial premium by over $20,000
Vendome Condo Trust – Boston, MA: The association enhanced their overall program with Extended Replacement Cost, increased the Flood and Earthquake limits with lower deductibles, and a higher Umbrella limit while also saving $12,000 in premium
Continental Gardens Condo Trust – Cambridge, MA: Partner broker marketed the account at renewal and provided multiple options with savings of over $20,000 (which is 50% of the total premium) with similar coverage
Spring Lakes HOA – Leesburg, VA: Client obtained enhanced property coverage with Guaranteed Replacement Cost, better liability coverage and a 50% premium savings by moving mid-term to broker partner
Ledgemere Country Condo Trust – Ashland, MA: Association moved to broker partner at renewal and received Guaranteed Replacement Cost coverage with a savings of over $11,000
BA Kentlands II – Damascus, MD: Client received enhanced liability coverage and a savings of around 10% at renewal by switching to partner agent
YRSCC 1308/XPRESSION – Richmond Hill, ON: Saved the board over $8,000 in annual insurance premium over their current broker; expanded coverage and increased limits of insurance
TSCC 2227/Penthouse Lofts – Toronto, ON: Offered this luxury condo lower insurance deductibles and more coverage for the same premium as their incumbent broker