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 portfolio
Chateau Nouveau Condominium Unit OA – Las Vegas, NV: Fully insured client portfolio while increasing annual yield by 57%
Oakwell Farms HOA – San Antonio, TX: Designated as agent to manage CD ladder for client’s $1,050,000 portfolio
The Gates of Fair Lakes – Fairfax, VA: Reallocated $700,000 in reserve balances to help client earn additional income of $6,191 per year
Traditions of America at Hanover HOA – Bethlehem, PA: Increased client’s annual interest income by $1,100 by reallocating $600,000 in reserve balances
Ledgemere Country Condominium – Ashland, MA: Reallocated $1,400,000 in reserve funds to earn additional interest income of $12,447 per year
One Brooklyn Bridge Condominium – Brooklyn, NY: Reallocated $2,700,000 reserve fund portfolio to add $14,104 annual interest income
Croyden Apts, Inc – Queens, NY: Helped client earn $1,315 additional annual interest income by reallocating $400,000 of reserve funds
Solaire at the Plaza – Orlando, FL: Placed $900,000 of settlement funds under FDIC and Excess Deposit Coverage, earning $1,800 annual interest income
INSURANCE PLACEMENTS
Costa Brava Condominium – Miami Beach, FL: Partner agent delivered over $22,000 of savings on renewal while adding Wind Driven Rain coverage and increasing Ordinance or Law coverage to $2,500,000
200 East Palmetto Park – Boca Raton, FL: Decreased Hurricane deductible to 2% and delivered $52,000 in annual savings
Costa Bella Condominium – Miami Beach, FL: Saved client $27,000 and lowered Hurricane Deductible from 5% to 3%
Bella Plaza Condominium – Miami Beach, FL: Partner agent saved client over $40,000 in premiums
Sunrise Apartment – Calgary, AB: Incumbent broker increased deductibles and deleted flood coverage after prior year flood; partner broker saved client $1,200 on renewal including flood coverage and lower water deductibles
Meadow Wood Village – Edmonton, AB: Broker partner saved association $6,300 and added coverages previously not included for crime, legal expense, volunteer accident, pollution, and terrorism
Canyon Willow – Las Vegas, NV: Saved client $12,000 on annual premium with superior overall coverage; Guaranteed Replacement Cost coverage included back-up sewer and drain
Metropolis – Los Angeles, CA: Assisted developer team with placing General Liability and Umbrella coverage at best available rate
3701 Connecticut Ave Condo/Wilshire Park – Washington,DC: Broker partner increased property limits along with Flood and Earthquake coverage (previously excluded) while saving client $13,000
Pipers Glen at Prestwick HOA – Myrtle Beach, SC: Switched to broker partner and received 10% premium savings at renewal
Summerfield at Brambleton Condo – Ashburn, VA: Upon completing property inspection, broker partner added coverage for contents not included by previous agent while still saving client $6,000