INSURANCE
The Villages at Rittenhouse HOA Inc – Clementon, NJ (Assisted by Cheri Buriak): The account renewed with Farmers, saving over $1,000 on premium while adding coverage for Cyber Liability
Paoli Woods HOA – Paoli, PA (Assisted by Josh Rozzi): New client to FirstService Residential saved over $6,000 in premium with Earthquake coverage that was previously excluded by moving mid-term to partner agent
Potomac Green Condo UA – Ashburn, VA (Assisted by Mark Walker): Association moved to partner broker at renewal and received Guaranteed Replacement Cost, Flood Coverage, Environmental Impairment Liability and a higher Umbrella limit for the same cost as the incumbent’s renewal
Park Summit Condo – Gaithersburg, MD (Assisted by Andrea Beaird): Client moved to partner agent and saved over $8,000 in annual premium with Extended Replacement Cost coverage
Laing at Milestone Condo – Germantown, MD (Assisted by Lisa Waters & Staci Gelfound): Association received significantly better coverage by moving to broker partner at renewal with around $2,000 in savings
PSCC 974 & Shared Facilities – Brampton, ON (Assisted by Simon Cheung): Significantly increased coverage at a lower premium than they were currently paying; bboard and committee both decided to cancel their insurance policies mid-term and go with our offering for its great value
Riverfront Pointe – Calgary, AB (Assisted by Jennifer Milz): Incumbent broker gave this condo corporation little notice of non-renewal due to claims and its location in a flood zone; our partner broker was able to provide a proposal including higher limits of insurance and broader coverages
Oceanview Building A – Sunny Isles, FL (Assisted by Johnny Betancourt): Board switched to partner agent in order to improve and broaden insurance coverages while reducing premiums as much as possible
Waterview Condominium – Aventura, FL (Assisted by Peter Anderson): Board decided to move the insurance program to a partner agent. Our agent was able to add wind coverage to the sea-wall, increased Ordinance or Law coverage and added Wind Driven rain coverage
L’Hermitage I Condominium – Fort Lauderdale, FL (Assisted by Patricia Quintero): Board approved to reallocate funds with partner banks in order to generate an additional $50,000 in interest and consolidate bank accounts
CASH MANAGEMENT
Playa Vista Parks & Landscape Corp – Playa Vista, CA (Assisted by Dawn Suskin): Will increase portfolio’s average interest earned by over $54,000 (112% increase) and will assist with laddering their investments
Bellaire Condominium – Houston, TX (Assisted by Amanda Morgan): Reallocating balances to insure entire portfolio and will increase portfolio’s annual interest by over $2,500 (59% Increase)
Tuscany Master – Las Vegas, NV (Assisted by Adrian Alfaro): Increased portfolio’s average interest earned by over $70,000 (194% increase) and will assist with laddering their investments
Vistana Condominium Owners – Las Vegas, NV (Assisted by Joseph Rhoades): Increasing portfolio’s annual yield by 25%
Keller Saddlebrook Estates – Dallas, TX (Assisted by Jordan Berger): Increased portfolio’s annual yield by 36%
98 Pinnacle at Camarillo – Camarillo, CA (Assisted by Leslie Barton): Will increase portfolio’s average interest earned by over $11,000 (238% increase) and will assist with laddering their investments
Society Hill at University Heights III Condominium – Newark, NJ (Assisted by Chris Prescott): Reallocated $2,067,845 to help the association earn an additional $13,231 per year
Starpoint Homeowners Association – Piscataway, NJ (Assisted by Pat Deering): Reallocated $1,189,990 to help the association earn an additional $8,479 per year
Norwood Crossing Condominium – Norwood, MA: (Assisted by Laura Schmitt)
Reallocated $497,597 to help the association earn an additional $5,605 per year
The Pierre – Chicago, IL (Assisted by Kristin Ward): Reallocated $1,800,000 to help the association earn an additional $40,524 per year
The Fordham – Chicago, IL (Assisted by Jhoanna Adorno): Increased interest income by $23,713 per year by negotiating higher interest rates and investing in short-term CDs
Residences at RiverBend – Chicago, IL (Assisted by Isela Morris): Reallocated $650,000 to help the association earn an additional $12,000 per year
Morningside Heights Housing Corp – New York, NY (Assisted by Jim Hayden): Reallocated $700,000 to help the association earn an additional $4,000 per year
Norfolk Atrium Condominiu – New York, NY (Assisted by Janine Cebollero): Reallocated $200,000 to help the association earn an additional $1,000 per year
1049 Fifth Avenue Condominium – New York, NY (Assisted by Anne Larsen): On-boarded this new client and immediately increased annual interest income by $16,000 per year
Cumberland Harbour Property – St Mary’s, GA (Assisted by Matthew Reid): Moved $3,200,000 to be FDIC insured, an interest increase of $63,000 annually
Paramount at Buckhead Condo – Atlanta, GA (Assisted by Yosvany Gonzalez): Invested over $750,000 Matured CDs into Partner Bank Money markets, yielding an additional $15,400 in annual interest
Tennis Lodge – Wellington, FL (Assisted by Beverly Gotlib): Moved $524,000 to be FDIC insured, an increase of $5,300 in annual interest
Flora Ridge – Kissimmee, FL (Assisted by Johana Angarita): Moved $632,000 into partners’ banks which increased the annual interest from $14,300 to over $22,000
LENDING
$4,400,000: Chelsea Warren – New York (Produced by Stuart Spiro)
$2,250,000: Prospect Seeley – New York (Produced by Shamil Porto)
$1,750,000: Kensington Park Association – Minnesota (Produced by Lisa Murphy)
$352,000: Ridgewood Hills – Minnesota (Produced by Matt Barker)
$153,123: Condos at Lake Harriet I – Minnesota (Produced by Amanda Zenk)
$153,000: Silver Lake Village Condo – Minnesota (Produced by Bruce Andrews)
$100,000: Horseshoe Hamlet – Alberta (Produced by Shawna Thompson)
$75,000: Talamore Condominium #2 – Illinois (Produced by Mary Breedlove)