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 annual interest income
Brigham Park Co-op Apts Section #4, Inc – Brooklyn, NY: Reallocated $1,300,000 reserve portfolio to increase annual interest income by $7,432
2077 Tenants Corp – Fort Lee, NJ: Reallocated $1,500,000 in proceeds from a refinance to add $12,615 in yearly interest income
Spring Lakes HOA – Leesburg, VA: Reallocated $750,000 in reserve funds to help client earn additional $1,837 per year in interest income
Trilogy at La Quinta – La Quinta, CA: Placed $1,100,000 of settlement funds into insured accounts
Citrus Commons Neighborhood Association – Chino, CA: Transitioned $1,000,000 to preferred broker at Morgan Stanley in order to assist with CD placements
Cimarron Hills at McDowell HOA – Scottsdale, AZ: Reallocated reserve portfolio to increase interest by $3,000 per year
Rough Hollow South Shore II Master Community – Austin, TX: Doubled annual interest income while providing protection for funds over FDIC limits
Harbour Isle West Condo – Fort Pierce, FL: Moved $2,600,000 to in-network partners, increasing yearly interest income by $10,400 and protecting balances that previously exceeded FDIC limits
INSURANCE PLACEMENTS
5800 Third Avenue – San Francisco, CA: Saved $18,000 annually on premiums with comparable coverage
The Falls at Rhodes Ranch – Las Vegas, NV: New client saved $18,315 annually with enhanced and broader coverages
City Palms Condominium Association– West Palm Beach, FL: Association moved to partner agent, netting $38,000 in annual savings
Marina Palms North and Master Associations – Aventura, FL: By utilizing a partner agent, both associations were able to move their effective date out of hurricane season with an extended policy of 18 months while also saving $48,000 annually
Twinleaf – Jacksonville, FL: Saved association 10% off the expiring premium, providing broader coverages insuring items that were previously excluded
Condo at Gunston Corner – Lorton, VA: Carrier non-renewed expiring policy and partner broker presented option with lower premium and better coverage as compared to competing broker’s proposal
Eagle Pointe at Ramblewood – Mount Laurel, NJ: Enhanced coverage by placing a per occurrence water damage deductible versus per unit with expiring coverage and saved client over $5,000
Artisan Condo – Washington, DC: Increased Ordinance or Law, Flood & Earthquake coverage parts, reduced Water Damage Deductible, and saved client over $7,000
Village Grande at Bear Creek – West Windsor, NJ: Enhanced coverage and saved client over $7,000
Greenwich Crossing – Clementon, NJ: Saved client $10,000 as compared to expiring premium with competing broker