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March Highlight Reel

March 1, 2018ScottHighlights

CASH MANAGEMENT

Valencia Shores Master – Lake Worth, FL: Moved $4,300,000 into partner banks, increasing client’s annual interest income by $33,300

Boca Pointe COA – Boca Raton, FL: Moved $600,000 into partner banks which increased interest income by $6,142 per year

Wyndham Palms Homeowner’s Association – Kissimmee, FL: Increased interest earnings by $8,200 by moving $1,200,000 into partner banks

Parliament Towers Condominium Association – Pompano Beach, FL: Moved association funds into partner banks to ensure protection of funds and yield an additional $22,000 in annual interest

Terramar HOA – Peoria, AZ: Helped association increase portfolio’s average yield by 232% and will assist managing their CD ladder

Rancho El Dorado HOA – Maricopa, AZ: Increased the association’s annual interest earned by over $32,000 and will assist with managing their CD ladder

Rancho Etiwanda Estates Maint. Corp – Rancho Cucamonga, CA: Helped association increase portfolio’s average yield by 105% and will assist with managing their CD ladder

Laguna Pointe Owners Association – Elk Grove, CA: Helped association increase portfolio’s average yield by 51%

The Falls at Rhodes Ranch – Las Vegas, NV: Increased the association’s annual interest earned by over $12,000 and will assist with managing their CD ladder

POA of Legends Ranch – Spring, TX: Helped association increase portfolio’s average yield by 313% and will assist with managing their CD ladder

The Vaux – New York, NY: Reallocated $3,500,000 in reserve balances to help them earn an additional $47,000 per year

Fairmont Tenants Corp – New York, NY: Reallocated $700,000 in reserve balances to help them earn an additional $7,500 per year

Eton Square Condominium – Alexandria, VA: Reallocated $750,000 in reserve balances to help them earn an additional $5,000 per year

Townsend House – New York, NY: Reallocated $1,500,000 in reserve balances to help earn an additional $8,500 per year

River Towers – Minneapolis, MN: Reallocated $970,000 in operating and reserve funds to earn client an additional $6,394 per year

Summit House – Minneapolis, MN: Reallocated $831,000 in reserve balances to help earn an additional $6,386 per year

Commons at Laurel Creek – Mt. Laurel, NJ: Reallocated $818,334 in reserves balances to earn an additional $1,796 per year

Chelsea Square – Morganville, NJ: Reallocated $740,563 in reserve balances to earn an additional $1,115 per year

Glen at Mason’s Creek – Hainesport, NJ: Reallocated $465,120 in reserve balances to earn client an additional $2,551 per year

Hudson Green Master – Jersey City, NJ: Reallocated $1,093,376 in reserve balances to help client earn an additional $1,786 per year

1400 Museum Park – Chicago, IL: Reallocated $1,128,715 in reserve balances to help earn an additional $2,663 per year

120 North Lakeview Condo – Chicago, IL: Reallocated $556,495 in reserve balances to earn an additional $2,477 per year

Manor at Heritage Woods – Old Bridge, NJ: Reallocated $253,970 in reserve balances to help earn an additional $1,034 per year

Orchard Valley – West Chester, PA: Reallocated $193,635 in reserve balances to help client earn an additional $1,237 per year

1600 Church Condominium Association – Wyncote, PA: Reallocated $715,842 in reserve balances to earn an additional $1,727 per year

Hamlets at South River – Edgewater, MD: Reallocated $869,621 in reserve balances to help earn an additional $6,628 per year

INSURANCE

80 Absolute, PSCC 850 – Mississauga, ON: Saved the board over $1,000 on their insurance renewal and provided six times the liability coverage versus the incumbent broker.

Arbors Homeowners Association, Inc. – Rye Brook, NY: Association received comparable coverage with over 27% in premium savings by moving to partner agent

Windgate of Arlington Condominium II – Arlington, VA: Broker partner saved client $4,000 and provided Earthquake coverage that was previously excluded

Apogee/Briarcliff Owners – Cliffside Park, NJ: Association switched to broker partner at renewal and obtained comparable coverage and premium savings

Abington Gardens Condo. Assoc. – Abington Township, PA: Received a 30% decrease in premium along with Umbrella and Workers Comp policies that the association previously did not have in place

Cypress Pointe – Orlando, FL: Rounded out association’s coverage by adding missing policies to their renewal portfolio

Townhomes of Kings Lake – Gibsonton, FL: Increased coverage and reduced the association’s overall deductible exposure

Palm Gardens at Doral – Doral, FL: Increased coverage amount while reducing overall premium

Stonebrook II HOA – Homestead, FL: Decreased the associations renewal premium by over 20%
L’Hermitage I Condominium Association – Fort Lauderdale, FL: Partner agent was able to lower the Hurricane Deductible to 2% while delivering over $36,000 in savings to the Association

LOANS CLOSED

$1,072,092: Castello Condominium – Calgary, AL

$425,000: Terrace Condominium – Chicago, IL

$200,000: Limestone Condominium – Jersey City, NJ

$182,000: Park View at Huset Townhomes – Columbia Heights, MN

$150,000: The Pavilions on Camelback Condo Assoc – Maricopa, AZ

$86,000: Genesis Crossing – Kansas City, MO

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