CASH MANAGEMENT
Palm Beach Point POA – Palm Beach, FL: Reallocated funds to protect $100,000 with FDIC Exposure and increased annual interest yield by more than $2,600
L’Hermitage II Condominium Association – Fort Lauderdale, FL: Increased Association’s annual interest yield by $5,200+ by moving operating funds to partner banks
The Ivy Condominium – Miami, FL: Reallocated accounts to increase annual interest income by $4,900
Regalia on the Ocean – Sunny Isles, FL: Switched to partner banks, increasing Association’s annual interest by $2,550
Sonoran Arroyos North – Scottsdale, AZ: Helped Association increase portfolio’s average yield by 139% and will assist with managing their CD ladder
College Park – Chino, CA: Increased annual interest earned by over $24,000 and will assist with managing their CD ladder
Steeplebrook – San Antonio, TX: Helped association increase portfolio’s average yield by 252% by rebalancing their accounts
Village at Lincoln Heights – San Antonio, TX: Helped association increase average yield by 11% by rebalancing their accounts
Bluffs at Two Creeks – San Antonio, TX: Reallocated balances to provide deposit insurance to entire portfolio, increased average yield by 139%, and will assist with managing their CD ladder
The Rossmor – Saint Paul, MN: Reallocated $485,000 in reserve and operating balances to earn an additional $2,355 per year
River Station – Minneapolis, MN: Reallocated $300,000 in operating and reserve balances to earn an extra $1,808 per year
James Monroe Condominium – Jersey City, NJ: Reallocated $2,000,000 in reserve balances to earn an extra $27,000 per year
The Arts Condominium – Philadelphia, PA: Reallocated $1,000,000 in reserve balances to help them earn an additional $4,105 per year
127 West 96th Street – New York, NY: Reallocated $1,000,000 in reserve balances to help them earn an additional $8,000 per year
12-14 East 64th Street Owners Corp – New York, NY: Reallocated $600,000 in reserve balances to help them earn an additional $4,000 per year
East 77th Owners, Inc. – New York, NY: Reallocated $600,000 in reserve balances to help them earn an additional $3,379 per year
Downtown Club – New York, NY: Reallocated $2,000,000 in reserve balances to help them earn an additional $4,000 per year
Tribeca Owners Corp – New York, NY: Reallocated $300,000 in reserve balances to help them earn an additional $1,100 per year
Lake Wynonah POA – Auburn, PA: Reallocated $3,000,000 in reserve balances to help them earn an additional $6,408 per year
Cascades Condominium – Raleigh, NC: Reallocated $300,000 in reserve balances to increase the total interest income by 100%
Port Royal Condominium – Alexandria, VA: Reallocated $1,000,000 in reserve balances to increase the total interest income by $1,300 per year
Jamie Towers Housing Co. – Bronx, NY: Invested $250,000 in reserve balances to increase annual interest income by $4,000
Parkside at Eagles Landing – Charlottesville, VA: Reallocated $819,942 in reserve balances, earning an extra $1,343 per year
Harbor Club – Haverstraw, NY: Reallocated $371,715 in reserve balances to help them earn an additional $1,142 per year
Spring Mountain – Schwenksville, PA: Reallocated $1,131,775 in reserve balances to help them earn an additional $1,486 per year
414 Water St. – Baltimore, MD: Reallocated $1,705,543 in reserve balances to help them earn an additional $2,269 per year
Great Island District – Plymouth, MA: Reallocated $2,292,102 in reserve balances to help them earn an additional $1,357 per year
TOA Liberty Hill – Boalsburg, PA: Reallocated $511,391 in reserve balances to help them earn an additional $3,796 per year
Talamore of Huntley – Huntley, IL: Reallocated $503,369 in reserve balances to help them earn an additional $3,509 per year
Villages at Dorchester – Hanover, MD: Reallocated $895,859 in reserve balances to help them earn an additional $1,013 per year
Ledgemere Country COA – Ashland, MA: Reallocated $1,649,343 in reserve balances to earn an additional $1,274 per year
Louisberg Square South COA – Quincy, MA: Reallocated $704,751 in reserve balances to earn an extra $5,399 per year
INSURANCE
One Brooklyn Bridge Park Condominium – New York, NY: New client realized over $95,000 in total premium reductions by switching to broker partner at renewal; obtained Flood Insurance ($70,000 savings) and added coverage enhancements to Property, General Liability, and Umbrella ($25,000 savings)
Toronto Standard Condominium Corp. No. 2551 – Toronto, ON: Saved client over $8,000 (20%) in insurance premium, obtained higher insurance coverages across the board, and added coverages for legal expense, pollution and terrorism.
1200 Avenue at Port Imperial Condominium – Weehawken, NJ: Broker partner enhanced coverages, reduced deductibles and saved the client over $10,000 in premium at renewal
Winter Hill Community Association – Alexandria, VA: Broker partner provided Sinkhole and Earthquake coverage for the Association’s parking lots and delivered over 40% in savings
410 at Society Hill Condominium – Philadelphia, PA: Client obtained over $12,000 in premium savings by switching to broker partner at renewal
Lucky Garden Condominium – Philadelphia, PA: Client moved to broker partner midterm and received overall enhanced coverage and a savings of over 15%
Shoma Homes at Keys Cove – Homestead, FL: Broadened coverage, lowered deductibles and saved the association over $75,000 with a partner agent
Edgewater Condo. Assoc. of Broward County – Ft Lauderdale, FL: Increased coverage and saved over $30,000 by moving the renewal to a partner agent
La Serena Condominium – Pensacola, FL: Increased property limits and provided client the necessary policies to comply with the Florida condo statute
LOANS CLOSED
$10,550,00: 2 Horatio Owners Corp – New York, NY
$6,000,000: Riverview Towers Apartment Corp. – Red Bank, NJ
$4,200,000: Hampshire Arms – Brooklyn, NY
$2,750,000: 50 Lefferts Tenants Corp – Brooklyn, NY
$2,000,000: River Station – Minneapolis, MN
$275,000: Coachman Highlands Townhomes – St. Paul, MN
$180,000: Lake Hinsdale Village J-A – Chicago, IL
$170,000: Lakewood Crossing at Hampshire HOA – Hampshire, IL