LOANS CLOSED
$12,900,000: Ardsley Tenants – New York, NY
$3,000,000: Sanderling Condominium – Centreville, VA
$868,916: Core Commercial Parking – Toronto, ON
$184,552: The Creek Condominium – Minneapolis, MN
CASH MANAGEMENT
Braintree Hills Condo – Braintree, MA: Reallocated $362,000 reserve portfolio to earn an additional $1,062 per year in income
The Rialto-Capitol Condominium – Jersey City, NJ: Reallocated $2,300,000 in reserves to earn an additional $12,205 per year
225 Rector Place – New York, NY: Reallocated $6,700,000 in reserve balances to earn an additional $35,717 per year
The Ardsley – New York, NY: Reallocated $1,500,000 in reserve balances to help them earn an additional $6,597 per year
1540 North Lake Shore Drive – Chicago, IL: Reallocated $1,300,000 in reserve balances to increase client’s annual interest income by $4,235
The Plaza Condominium – Alexandria, VA: Reallocated $500,000 in reserve balances to earn an additional $1,000 per year
Gallery Tower – Saint Paul, MN: Reallocated $1,000,000 in reserve and operating funds to earn an additional $4,128 per year
Brandon Farms – Pennington, NJ: Reallocated $1,600,000 in reserve balances to earn an additional $3,163 per year
Seaview at Shark River – Neptune City, NJ: Reallocated $2,400,000 reserve portfolio to earn client an additional $3,400 per year of interest income
Naval Square – Philadelphia, PA: Reallocated $7,000,000 in reserve balances to earn an additional $15,719 per year
Lincoln Square Condominium – New York, NY: Reallocated $4,700,00 in reserve funds to earn an additional $13,669 per year
Wynbrooke HOA – Murrells Inlet, SC: Reallocated $700,000 in reserve balances to help them earn an additional $1,400 per year
Debordieu Fairway Oaks HOA – Georgetown, SC: Reallocated $200,000 in reserve funds to earn an additional $1,000 per year
1650 Broadway Street HOA – San Francisco, CA: Rebalanced accounts to help association increase their annual average interest yield by 201%
Discovery Bay Country Club Residential – Discovery Bay, CA: Increased the association’s annual interest income by over $18,000 and will assist with managing their CD ladder
Park Place Master – Ontario, CA: Increased association’s annual interest by over $2,800 by adjusting their liquidity profile
Heritage Grand HOA – Houston, TX: Increased the association’s annual interest earned by over $4,500 and will assist with managing their CD ladder
Panorama Towers Condo Unit OA – Las Vegas, NV: Increased the association’s annual interest earned by over $48,000 and will assist with managing their CD ladder
Ridge at Tapatio Springs – San Antonio, TX: Helped association increase average yield 19% by rebalancing accounts
Trophy Ridge HOA – San Antonio, TX: Helped association increase average yield 368% by rebalancing their accounts
Epic West Condominium – Miami, FL: Reallocated $3,500,000 in deposits to provide FDIC protection on all funds and increase interest income by $1,700
Wellington Lakes HOA – Wellington, FL: Increased interest income by $3,032 and gained FDIC protection for all deposits
Kings Point – Delray Beach, FL: Increased annual interest income by $5,200 by reallocating deposits
INSURANCE PLACEMENTS
Boynton Leisureville Community, Inc – Boynton Beach, FL: Saved the association over 40% on renewal premium while providing more favorable deductibles & coverage enhancements
Great Island District – Plymouth, MA: Client received Flood, Earthquake and Ordinance or Law coverage that was previously excluded, along with over $11,000 in savings, when compared to the incumbent’s renewal premium by binding with broker partner
Preserves Master Community – Chino, CA: Broker partner was able to broaden coverage, include an umbrella that goes over the D&O and save client roughly $15,000 annually (nearly 40%)
Preserves Maintenance Corp – Chino, CA: Broker partner was able to broaden coverage and save about 10% annually
Radiance at Mission Bay – San Francisco, CA: New client worked closely with transition team to bring D&O coverage into compliance while saving 20% annually
Five West I – Calgary, AL: Significantly increased coverages while saving on premium versus existing broker’s renewal
Beachview Condo – Destin, FL: Partner agent identified mistakes in exsiting policies and still renewed with no premium increase after Board expressed unhappiness with incumbent agent
Walker Whitney Plaza Condo – St. Petersburg, FL: Partner agent was able to secure a program with $7,000 savings while broadening the current coverages
Ocean Monarch – Pompano Beach, FL: Partner agent saved client over $23,000 in premium while lowering their hurricane deductible to 2% and adding $1,000,000 Wind Driven Rain
Artech Residences – Aventura, FL: Association saved over $78,000 and lowered the hurricane deductible by renewing with partner agent