INSURANCE
Pier 27 / TSCC 2509 – Toronto ON: Saved downtown condo corporation over $7,000 while providing higher limits of insurance and significant coverage enhancements such as pollution, liability, and volunteer accident coverage not offered by any other insurance program in Ontario
Juno – Edmonton, AB: Saved the board $2,400 in premium and expanded their coverage compared with renewal offer from current broker
Huntingdon Mews Condominium Association – Clemton, NJ: Association saved over $5,800 by moving to broker partner at renewal
Fox Heath Homeowners Association – Warrington, PA: Partner agent provided more comprehensive coverage overall along with 25% premium savings
Winding Ways Homeowners Association – Jackson, NJ: Client received over $10,000 in savings by switching to broker partner at renewal
Ramble Community Association – Asheville, NC: Our subject matter experts noted some unique coverage deficiencies to the expiring policies and incumbent agent’s alternative quotes, leading the board to choose the proposal from our broker partner with more robust coverage at a lower premium
Palm Beach Point – Palm Beach, FL: Saved client over $3,000 while increasing coverage and lowering deductibles
Monteux at Deerwood – Jacksonville, FL: Lowered the annual premium by approximately $60,000 compared to the expiring while also decreasing calendar year hurricane deductible from 3% to 2%, extending the Umbrella to cover the Workers’ Compensation, and raising the total insured value by $14,000,000
Marina Grande Riviera Beach Condo Association – Riviera Beach, FL: Association moved to partner agent in order to secure a 2-year policy term while gaining over $29,000 in property savings
LENDING
$8,250,000: Hudson Manor Terrace – New York, NY
$1,400,000: Tower Lofts – Minneapolis, MN
CASH MANAGEMENT
Oceanview Park Condominium Association – Hallandale Beach, FL: Association approved to move $870,000 to partner banks in order to increase the annual interest income by $3,800
Flora Ridge Condo, Kissimmee, FL: Moved $850,000 into partner banks which increased earning on reserve deposits by $6,900 annually
The Atrium Office Condominium – North Palm Beach, FL: Moved over $500,000 into partner banks, increasing annual interest income by almost $4,000
The Garden Homes at Moors Maintenance – Miami, FL: Moved over $350,000 into partner banks and earning client an additional $4,143 in interest income
Moors Master Maintenance – Miami, FL: By moving over $1,000,000 into partner banks, client will increase interest income by almost $11,000 annually
Village at Grayhawk – Scottsdale, AZ: Helped association increase portfolio’s average yield by 71% and will assist with managing their CD ladder
Arboretum – Murrieta, CA: Helped association increase portfolio’s average yield by 358% and will assist with managing their CD ladder
Fairway Canyon – Beaumont, CA: Helped association annual interest earned by over $22,000
Mira Villa – Las Vegas, NV: Increased the association’s annual interest earned by over $5,000
White Lake Ranch – Reno, NV: Helped association increase portfolio’s average yield by 257%
Mission Creek – Loma Linda, CA: Helped association increase portfolio’s average yield by 196% and will assist with managing their CD ladder
Tower I – Fort Worth, TX: Helped association annual interest earned by over $10,000 and will assist with managing their CD ladder
York of Edina – Edina, MN: Reallocated $360,000 in operating and reserve funds to help earn an additional $2,470 per year
Grant Park – Minneapolis, MN: Reallocated $478,000 in operating and reserve funds, and renewed $350,000 in CDs to help them earn an additional $4,509 per year
2000 Linwood Condominiums – Fort Lee, NJ: Reallocated $2,858,379 in reserve balances to help earn an additional $2,035 per year
East Water Place HOA – Chicago, IL: Reallocated $1,251,131 in reserve balances to help earn an additional $3,054 per year
Harborview HOA – Baltimore, MD: Reallocated $551,343 in reserve balances to help earn an additional $2,442 per year
Delaware Place COA – Chicago, IL: Reallocated $1,289,039 in reserve balances to help earn an additional $2,109 per year
Tremont on the Common Condominium – Boston, MA: Reallocated $1,842,395 in reserve balances to help earn an additional $13,370 per year
Alexandria Towers Master Condominium – Alexandria, VA: Reallocated $600,000 in reserve funds to help earn an additional $6,000 per year
330 East 70th Street Tenants Corp – New York, NY: Reallocated $500,000 in reserve funds to help earn an additional $4,900 per year
Traditions of America at Hanover Condominium – Bethlehem, PA: Reallocated $900,000 in reserve funds to help earn an additional $5,800 per year
Fieldston Property Owners Association – Bronx, NY: Reallocated $1,800,000 in reserve funds to help earn an additional $17,000 per year
Sanderling Condominium – Centreville, VA: Reallocated $1,000,000 in reserve funds to help earn an additional $10,000 per year
Mandalay on the Hudson Condominium – Jersey City, NJ: Reallocated $750,000 in reserve funds to help earn an additional $2,500 per year