CASH MANAGEMENT Milton Landing Condo – Milton, MA: Reallocated $711,286 in reserve portfolio to earn an additional $2,197 per year in income Riverhouse Condominium – Boston, MA: Reallocated $692,000 in reserve portfolio to earn an additional $1,803 per year in income Lenox Station – Norwood, MA: Reallocated $207,299 in their reserve portfolio to increase interest…
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 –…
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INSURANCE PLACEMENTS Warwick Condominium Association – Atlantic City, NJ: Broker partner retained renewal and has saved the association over $28,000 in premium during the past two years Brighton Green Condominium – Newburgh, NY: After identifying deficiencies, new policies with overall better coverage were placed with broker partner mid-term Willow Point Condominium – Falls Church, VA:…
All associations purchase Crime coverage as a standalone policy or as part of a package. This type of coverage protects against the theft of association funds or other financial misconduct, but often has limits below what the association may need. Excess Crime provides the same protection, but offers higher limits than a typical property policy,…
CASH MANAGEMENT Foxfield at Naaman’s Creek – Boothwyn, PA: Reallocated $4,000,000 in reserve balances to help client earn an additional $6,600 per year in interest income Orchard Gate HOA – Westmont, IL: Reallocated reserve portfolio, earning client an additional $6,000 annually Lakes of Radisson Master – Blaine, MN: Reallocated $750,000 in excess operating funds to…
LOANS CLOSED $11,000,000: The Palisades Condominium– Fort Lee, NJ $2,600,000: Wynbrooke Homeowners Association – Murrells Inlet, SC $2,000,000: Mira Lagos Homeowners Association, Inc – Dallas, TX $820,723: The Trails Condominium Association – Kansas City, MO $370,000: Dakota on the Park Condominium– St. Paul, MN $228,988: The Commodore Condominium – St. Paul, MN $140,000: Alderon Woods…
LOANS CLOSED $4,800,000: Groveland Terrace Condominium – Minneapolis, MN $2,750,000: 579 W 215th – New York, NY $2,300,000: LaRive Condominium – Minneapolis, MN $1,500,000: The Grove at Arlington – Arlington, VA $1,102,892: Norfolk Atrium – New York, NY $750,000: Lakewood Commons – Chicago, IL $300,000: 2700 Club Condo – Chicago, IL $288,581: TSCC2564 Core Condos…
LOANS CLOSED $6,500,000: Loring Green West – Minneapolis, MN $5,500,000: 220 East 54th – New York, NY $4,250,000: Tehama Tenants – Brooklyn, NY $2,500,000: Fairfield Village Condominium – Chicago, IL $2,400,000: Verrazano Owners – Brooklyn, NY $1,700,000: 91 Payson – New York, NY $650,000: Fifth on the Park – New York, NY $365,000: Iron Horse…
LOANS CLOSED $1,500,000: Huron Pointe Condominium Association – Chicago, IL $60,000: Katy Oaks HOA – Katy, TX CASH MANAGEMENT Preserve Master Maintenance Corp – Chino, CA: Designated as agent to manage CD ladder for client’s $3,400,000 portfolio Arrowood Master Association – San Diego, CA: Designated as agent to manage CD ladder for client’s $2,700,000…
LOANS CLOSED $17,000,000: 200 East 57th – New York, NY $3,100,000: 141-60 East 84th – Queens, NY $2,000,000: Sanderling Condominiums – Centreville, VA $1,700,000: Residences at Brambleton II Condo. Assoc. – Ashburn, VA $1,500,000: Fordham Terrace – Bronx, NY $1,000,000: Morgan Court Condominium– New York, NY $993,750: Evans Tower Condominium – New York, NY $950,000:…
LOANS CLOSED $9,300,000: Gentry Apartments – Brooklyn, NY $8,150,000: Chesapeake Owners Corporation – New York, NY $2,850,000: 125 Beach 124th Street – Rockaway, NY $1,540,000: Briarwood at Forest Park – Woodhaven, NY $850,000: Whitley Park – Bethesda, MD CASH MANAGEMENT Park Claridge Condominium Association – Deerfield, IL: Moved approximately $500,000 to partner banks, tripling…
LOANS CLOSED $2,600,000: Towamencin Condominium – Harleysville, PA $1,000,000: The Carlyle House – Arlington, VA $1,120,000: INDX Condominium – Toronto, ON $850,000: Karma Condominium – Toronto, ON CASH MANAGEMENT Union Square at Broadway HOA – San Diego, CA: Rebalanced portfolio resulting in $12,000 increase of yearly interest income Icon Owners Association – San Diego,…
LOANS CLOSED $13,700,000: 2077 Tenants Corp. – Fort Lee, NJ $3,000,000: Copper Ridge Condominium – Charlotte, NC $2,200,000: River Station Condominium – Minneapolis, MN $2,000,000: Marlborough Condominium Association – Chicago, IL $285,000: Summit Village Condominium – Hidden Valley, PA CASH MANAGEMENT Bridgeview Owners Assoc. – San Francisco, CA: Placed $8.2 million in settlement funds…
LOANS CLOSED $1,800,000: Loop Calhoun – Minneapolis, MN $1,700,000: Table Bay Corp. – New York, NY $800,000: Galleria Residences – Edina, MN $190,000: Champions Ridge HOA – San Antonio, TX CASH MANAGEMENT Port Liberte III Condo Assoc. – Jersey City, NJ: Reallocated $3.8MM reserve fund portfolio to increase annual interest income by $25,718 The…