Lending
$6,125,000: Coronet Owners – New York (Produced by: Farik Badalov)
$4,713,560: Sovereign Condominium Association – Georgia (Produced by: Julie Magaldi)
$2,500,000: Kips Bay Towers Condominium – New York (Produced by: Maja Cobaj & Yvette Diaz-Moreno)
Cash Management
Park Terrace at Mission Bay: San Francisco, CA (Assisted by Michael Penner): Will increase portfolio’s average interest earned by over $13,000 (84% increase) and will assist with laddering their investments
Renaissance at River Oaks – Houston, TX (Assisted by Melissa Poage): Reallocating balances to insure entire portfolio and will increase portfolio’s annual interest by over $8,000 (50% Increase)
West Sahara Community – Las Vegas, NV (Assisted by Rechelle Bogle): Increasing portfolio’s annual yield by 25%
Preserve at Indian Springs – San Antonio, TX (Assisted by Mary Ann Brown): Increasing portfolio’s annual interest by over $16,000 (1405% increase)
Main Street at Route 66 – Rancho Cucamonga, CA (Assisted by Maria Merlo): Will increase portfolio’s average interest earned by over $23,000 (156% increase) and will assist with laddering their investments
The Quarry Community Association – Naples, FL (Assisted by Debby Kiel): Insured $1,500,000 of exposed funds and increased annual interest by $22,586 per year
EL-AD Residences – Miramar, FL (Assisted by Rachel Rudley): Reallocated over $1,000,000 to increase the annual interest by an additional $10,000 per year
Briar Landing at the Enclave – Naples, FL (Assisted by William Davis): By reallocating nearly $3,000,000, the association increased their interest from $1,816 to $66,894 per year
Waterfords Courtyards in Jacaranda at Central Park HOA – Plantation, FL (Assisted by Alexandria Lindstrom): Reallocated $1,500,000 and increased their interest by over $9,000 per year
Campfield Master HOA – Jacksonville, FL (Assisted by Shirl Zwick): Reduced their uninsured funds and increased annual interest from $2,576 to $9,689
McNulty Lofts Condominium – St. Petersburg, FL (Assisted by Kevin Zern): Fully FDIC-Insured over $300,000 of exposed funds and increased their annual interest from $2,036 to $12,943
The Residences at Sandpearl Resort OAI – Clearwater, FL (Assisted by Karen Lillie): New client annual interest increased from $4,831 to $24,711
Fort Ellsworth Condominium – Alexandria, VA (Assisted by Marck Rossy): Reallocated $1,000,000 to help the association earn an additional $14,000 per year
Dearborn Tower Condominium – Chicago, IL (Assisted by Marla Jackson): Reallocated $500,000 to help the association earn an additional $10,000 per year
Sully Station II – Centreville, VA (Assisted by Michele Meidling): Reallocated $500,000 to help the association earn an additional $2,000 per year
Tribeca Owners Corp – New York, NY (Assisted by Henry Hernandez): Reallocated $500,000 to help the association earn an additional $3,000 per year
420 East 72nd Street – New York, NY (Assisted by Carolyn Scanlon): Allocated $1,500,000 million in net refinance proceeds to help the association earn an additional $30,000 per year with FDIC-insurance coverage on the entire balance
Fair Oaks Hunt – Fairfax, VA (Assisted by Celeste Jones): Reallocated $300,000 to help the association earn an additional $3,000 per year
Del Webb Lake Providence – Mt. Juliet, TN (Assisted by Robb White): Reallocated $700,000 to help the association earn an additional $2,700 per year
Louisquisset Country Club – North Providence, RI (Assisted by Bryan Hughes): Reallocated $249,649 to help the association earn an additional $1,776 per year
Traditions of America at Liberty Hill COA – Boalsburg, PA (Assisted by Kenzie Sharpless and David Breder): Reallocated $830,983 to help the association earn an additional $2,512 per year
Village at Heritage Woods COA – Old Bridge, NJ (Assisted by Eileen Szelewicki): Reallocated $5,019,934 to help the association earn an additional $2,952 per year
Wedgewood – Charleston, SC (Assisted by Amber Gibbs): Reallocated $473,458 to help the association earn an additional $1,092 per year
North Pointe Hollow – Toms River, NJ (Assisted by Pat Alfano): Reallocated $1,293,165 to help the association earn an additional $4,590 per year Ocean Marine Yacht Club – Hallandale Beach, FL (Assisted by Ron Wright): By reallocating some funds with partner banks, the Association increased their interest yield by $12,000
Brickell East – Miami, FL (Assisted by Angel Vallejo): Board approved to move funds to partner banks, increasing their annual interest by $11,000
Oceanview Building A – Sunny Isles, FL (Assisted by Johnny Betancourt): Board decided to move their funds to partner banks in order to increase their interest yield by $25,000
Insurance
Carlyle Square on Collier Condominium – Atlanta, GA (Assisted by Doug Bryant): The Association moved to a partner agent, adding Umbrella protection and obtaining enhanced coverages for Extended Replacement Cost Coverage and Earthquake
Oakwood at Plymouth – Plymouth Meeting, PA (Assisted by Roger Maciak): Despite the Board having a friend that wanted to quote the business, the account moved to a broker partner and included additional coverages at a great rate
Toscana West – Highland Beach Club, FL (Assisted by Bruce Berman): Partner agent was able to lock in a 2-year property policy last year, ensuring the Association did not have any property increases this year with deductibles and terms remaining the same
Woodview Patio Homes – Chino Hills CA (Assisted by Holly Dillenbeck): Increased coverage (specifically D&O and broader coverage) and added broader building coverage all while saving them approximately $10,000 per year or about 10%
Upland Viewpoint – Upland, CA (Assisted by Misty FIsher): Broadened coverage (specifically with our comprehensive proprietary Fidelity coverage) while saving the association approximately 35% on their annual premium