LOANS CLOSED
$3,025,000: Crestwood Bayview – Brooklyn, NY
$1,200,000: 4900 N Marine Drive Condominium – Chicago, IL
$151,000: Lot 270 Condominium – Saint Paul, MN
$143,500: Lincoln Lofts Condominium – Chicago, IL
CASH MANAGEMENT
Visconti East – Maitland, FL: Moved $915,000 from an investment account into partner banks, increasing interest income return by $6,800
The Villages at Lynx Creek Owner’s Association – Dewey, AZ: Helped association increase portfolio’s average interest earned by over $15,000 and will assist with managing their CD ladder
Mirage Crossing Resort Casitas HOA – Scottsdale, AZ: Helped association increase portfolio’s average yield by 99% and will assist with managing their CD ladder
Copper Ridge Condominium Association – San Ramon, CA: Helped association with placing $4,000,000 in settlement funds and will assist with managing their CD ladder
Bridgewater Owners Association – Emeryville, CA: Increased the association’s annual interest earned by over $30,000 and will assist with managing their CD ladder
Belvedere HOA – Las Vegas, NV: Helped association increase portfolio’s average yield by 44%
Maryland Heights HOA – Las Vegas, NV: Helped association increase portfolio’s average yield by 736%
Canyon Creek Village Condominiums- San Antonio, TX: Helped association increase portfolio’s average yield by 570% by rebalancing their accounts
One Montgomery Plaza Residential Condominium Assoc. – Dallas, TX: Helping association with placing $3,400,000 in settlement funds and will assist with managing their CD ladder
Lake Hinsdale Village – Willowbrook, IL: Reallocated $445,535 in reserve balances to help them earn an additional $1,494 per year
East Water Place Homeowners Association – Chicago, IL: Reallocated $1,233,604 in reserve balances to help them earn an additional $5,077 per year
Park View of Huset Park – Columbia Heights, MN: Reallocated $496,000 in reserve balances to help them earn an additional $5,528 per year
Ashton Condominium Association – New Castle, DE: Reallocated $507,287 in reserve balances to helm them increase their interest income by 7%
Beachfront North Master Association – Long Branch, NJ: Reallocated $655,134 in reserve balances to help them earn an additional $2,241 per year
The Shores Condominium – Monmouth Beach, NJ: Reallocated $1,200,462 in reserve balances to help them earn an additional $1,383 per year
Renaissance Condominium Assoc, Inc. – Long Branch, NJ: Reallocated $714,745 in reserve balances to help them earn an additional $2,609 per year
Creekside Village Community – West Chester, NJ: Reallocated $1,206,615 in reserve balances to help them earn an additional $8,770 per year
Enclave at Shrewsbury – Shrewsbury, NJ: Reallocated $335,467 in reserve balances to help them earn an additional $1,353 per year
Carr at the Pinecrest – Alexandria, VA: Reallocated $3,206,734 in reserve balances to help them earn an additional $4,422 per year
2 Horatio Owners Corp – New York, NY: Reallocated $100,000 in reserve balances to help them earn an additional $1,000 per year
Penderbrook Square – Fairfax, VA: Reallocated $200,000 in reserve balances to help them earn an additional $1,100 per year
127 West 96th Street – New York, NY: Reallocated $750,000 in reserve balances to help them earn an additional $7,200 per year
Ovations at Elk View – West Grove, PA: Reallocated $560,000 in reserve balances to help them earn an additional $1,400 per year
Crystal Gateway – Arlington, VA: Reallocated $760,000 in reserve balances to help them earn an additional $4,500 per year
Silo Point Condo Association – Baltimore, MD: Reallocated $2,700,000 in reserve balances to help them earn an additional $17,200 per year
Port Liberte III Condo Association – Jersey City, NJ: Reallocated $3,000,000 in reserve balances to help them earn an additional $11,000 per year
INSURANCE
TSCC 2564 | Core Condos – Toronto, ON: Saved the board $15,000 on their insurance renewal and provided significant coverage enhancements that current broker was unable to offer including pollution liability and legal expenses coverage
The Ardsley Condominium – New York, NY: Obtained a savings of $18,000 on the renewal D&O Premium and reduced their retention from $25,000 to $5,000
Costa Bella Association – Miami, FL: Partner agent delivered over $55,000 in annual savings by providing an extended term property policy.
The Vaux Condominium – New York, NY: Saved the community $7,000 on the package and obtained improved coverages
Alta Mar Condo – Fort Myers, FL: Saved the property $6,000 and moved the insurance from a Non-admitted to Admitted carrier
Kettering by the Park II Condominium – Marlboro, MD: Broker partner retained renewal by moving Property coverage from a Non-Admitted carrier to an Admitted carrier while saving the association over $5,000 in premium
Box Hill South HOA – Abingdon, MD: Association received increased Liability coverage and 28% in premium savings by switching to broker partner
River Falls HOA – Woodbridge, VA: Client received enhanced Property coverage with Guaranteed Replacement Cost and obtained 24% in premium savings by moving to broker partner at renewal