LOANS CLOSED
$11,000,000: The Palisades Condominium– Fort Lee, NJ
$2,600,000: Wynbrooke Homeowners Association – Murrells Inlet, SC
$2,000,000: Mira Lagos Homeowners Association, Inc – Dallas, TX
$820,723: The Trails Condominium Association – Kansas City, MO
$370,000: Dakota on the Park Condominium– St. Paul, MN
$228,988: The Commodore Condominium – St. Paul, MN
$140,000: Alderon Woods – Houston, TX
CASH MANAGEMENT
Morningside Heights Housing Corp – New York, NY: Reallocated $5,000,000 in reserve balances to earn client an additional $93,173 per year in interest income
275 West 10th Street Condominium – New York, NY: Reallocated $2,400,000 in reserve balances to help client earn an additional $12,432 per year in interest income
87th Street Owners Corp – New York, NY: Reallocated reserve portfolio, earning client an additional $5,475 annually
Gracie Gardens – New York, NY: Reallocated reserve portfolio to help client annually earn an additional $3,065 of interest income
Brookfield Glen – Belvedere, NJ: Reallocated $1,000,000 in reserve balances to help them earn an additional $2,156 per year
Brambleton Community Association – Ashburn, VA: Reallocated $1,000,000 in reserve balances, increasing annual interest income $3,089
River Oaks – Woodbridge, VA: Reallocated reserve balances to help client earn an additional $2,011 per year
Horizon House Condominium – Arlington, VA: Reallocated $1,400,000 in reserve balances, increasing interest by $5,765
Courts at Byers Station – Chester Springs, PA: Reallocated reserve portfolio, increasing interest income by $1,050 per year
Emerald Gardens – St. Paul, MN: Reallocated $950,000 of reserve funds to earn an additional $3,200 annually in interest income
Cobblestone Lake North Shore – Apple Valley, MN: Reallocated $650,000 of funds to increase annual interest income by $2,500
Parkwood Townhomes – Maple Grove, MN: Reallocated $650,000 to ensure FDIC-compliance while increasing annual interest income by $2,200
Santa Fe Place Condominium – Kansas City, MO: Reallocated reserve funds to earn an additional $1,891 in interest income annually
Gardens of Kendall – Miami, FL: Reallocated funds to ensure FDIC-compliance on $70,000 and increased annual interest income by $2,850
INSURANCE PLACEMENTS
The Caribbean Condominium Association – Miami Beach, FL: Partner agent delivered over $34,000 in savings while lowering the hurricane deductible to 2%
Aquazul Condominium Association – Lauderdale by the Sea, FL: Upon renewal, partner agent lowered hurricane deductible to 2%
Silver Creek Condo – Reno, NV: Saved client $15,000 annually on premiums while increasing coverage with guaranteed replacement cost for building and full back sewer/drain coverage limits (not previously covered)
Four Seasons at Smithville HOA – Galloway, NJ: Saved $19,000+ on premiums at renewal by switching to broker partner(more than 30% compared to expiring)
Fishery Condominium – Ship Bottom, NJ: Provided fast turnaround on proposal request in less than two weeks from effective date, offering enhanced coverage and reduced premium
Hampton Pointe Condominium – Reston, VA: Broker partner reduced the Directors & Officers Liability deductible from $10,000 to $1,000 and saved association over 12% compared to expiring premiums
Oxford House – Fairfax, VA: The Board of Directors approved broker partner’s proposal that included added coverage for Workers Compensation and saved over 13% in premiums
Koeppel Management Co., LLC – New York, NY: Identified deficiencies in the existing policies and advised on areas for improvement; client assigned partner broker authority on the policies and better terms & conditions were negotiated upon renewal with no increase in premiums
Hong Kong Plaza – Calgary, AB: New client saved almost 50% on premium while increasing flood coverage to $5,000,000 and adding coverage for terrorism, data security breach, and pollution liability