Lending
2,500,000: Madison Manor 2 Condominium – Illinois (Produced by Deborah O’Hagan)
$600,000: Esquire House – Florida (Produced by David Helt)
$600,000: Sheridan Grande Condominium – Illinois (Produced by Chris Bakos)
$582,554: Park Crest on Nicollet – Minnesota (Produced by Jeff Peterson)
$500,000: Lake Ridge Pointe – Virginia (Produced by Tiffany Kennedy)
$300,000: Canyon Gate Maintenance Association – California (Produced by Leslie Barton)
$250,000: Coves Townhomes – Missouri (Produced by Megan Sweeney)
$235,000: Excelsior and Grand Owner’s Association – Minnesota (Produced by Tiffany Johnson)
$175,000: Fountainhead Garden Villas – Florida (Produced by Kerry Mefort)
$125,000: Beacon Lofts Condominium – Illinois (Produced by Denise Lavender)
Cash Management
Terramar – Peoria, AZ (Assisted by Ivana Komljenovic): Increasing portfolio’s average interest earned by over $2,700 (29% increase) and will assist with laddering their investments.
Four Seasons at Beaumont – Beaumont, CA (Assisted by Eric Zarr): Increasing portfolio’s average interest earned by over $18,000 and will assist with laddering their investments.
Solera at Apple Valley – Apple Valley, CA (Assisted by Tad Creasey): Increasing portfolio’s average interest earned by over $4,400 and will assist with laddering their investments.
The Villages of Woodland Springs – Dallas, TX (Assisted by Craig Asaff): Increased portfolio’s average interest earned by over $14,000 (32% increase).
The Ogden – Las Vegas, NV (Assisted by Lisa Jaegel): Increasing portfolio’s average interest earned by over $17,000 (62% increase).
Tapatio Springs – San Antonio, TX (Assisted by Laurel Hinton): Increased portfolio’s average interest earned by over $3,600 (333% increase).
Sabal Chase Condominium 2 – Miami, FL (Assisted by Kristina Olson): Moved $500,000 into partner banks, reducing the FDIC exposure and increasing the annual interest $9,000.
La Mirage of Harbor Village – Aventura, FL (Assisted by John Siervo): Reallocated $697,000 to increase their annual earnings to $20,000.
Williams Walk Condo – Jacksonville, FL (Assisted by Beth Albertson): Reallocated $1,200,000 to reduce their uninsured funds and increased their annual interest to $49,000.
The Club at Saint Lucie West – Port St. Lucie, FL (Assisted by Franchesca Rodriguez): Invested $490,000 in bank CDs to help association earn over $29,000 per year.
Southbridge Homeowners – Pembroke Pines, FL (Assisted by Valerie Munoz): Increased their annual earnings from $38,000 to $57,200 by reallocating $2,400,000.
PGA Club Cottages Homeowners – Palm Beach Gardens, FL (Assisted by Helen Hall): Invested $250,000 into a bank CD to help the association earn an additional $5,250 per year.
Greenwich Crossing Homeowners Association – Mount Royal, NJ (Assisted by Maggie Craig): Reallocated $438,656 to help the community earn an additional $4,373 per year.
Woodmont Townhouse – Lawrenceville, NJ (Assisted by Brendan Pignataro): Reallocated $532,800 to help the community earn an additional $3,482 per year.
Yardley Commons – Yardley, PA (Assisted by Carol Oliveira): Reallocated $1,347,219 to help the community earn an additional $2,587 per year.
The Ayer – Philadelphia, PA (Assisted by John Degnan): Reallocated $866,706 to help the community earn an additional $2,268 per year.
Green Countrie Village – Newton Square, PA (Assisted by Trish Difabio): Reallocated $466,759 to earn an additional $5,444 per year.
Lighthouse Point Villas – Myrtle Beach, SC (Assisted by Lynn Wheeler): Reallocated the portfolio to help the community earn an extra $2,500 per year.
Wellington Pointe – Myrtle Beach, SC (Assisted by Lynn Wheeler): Reallocated the portfolio to help earn an additional $2,024 per year.
Cameron Station Condominium – Alexandria, VA (Assisted by Angela Luker): Reallocated $419,395 to earn an additional $2,540 per year.
Foxfield @ Naaman’s Creek – Garnet Valley, PA (Assisted by Sally Norris): Reallocated $1,200,000 to help earn an additional $6,800 per year.
The 57 Reade Condominium – New York, NY (Assisted by Kristen Szabo and the entire NY Transitions Team): On-boarded a new client and designed a reserve portfolio that will help them earn $15,000 more per year than with previous management company.
400 Central Park West – New York, NY (Assisted by Virginia Manning): Consolidated the reserve portfolio from 16 accounts to 4 accounts and helped the building generate an additional $9,200 in annual interest.
Insurance
Dock Street at Market Common R11 – Myrtle Beach, SC (Assisted by Erica Hadden): Association received a 15% premium reduction and improved coverage while also being placed with an admitted insurance carrier.
230 S. Tryon COA – Charlotte, NC (Assisted by Elaine Burgin): Broker partner was assigned as the broker of record; moved to an admitted carrier with a premium savings of roughly 20% from expiring.
Pier Pointe HPR – Charleston, SC (Assisted by Dylan Nylan): Coverage bound with a broker partner at renewal; moved to an admitted carrier with premium savings and substantially enhanced coverage.
England Run North HOA – Fredericksburg, VA (Assisted by Lindsay Chickering): Association moved to a partner broker offering more extensive building, contents and crime coverages.
Perry Hall Farms Master Association – Perry Hall, MD (Assisted by Brian Langley): Association moved to a partner broker offering more extensive Directors & Officers and crime coverages; they chose to bind all coverages and saved the over $2,400 in premium.
Lexington Hill Homeowners Association – Harriman, NY (Assisted by Jim McCann): Association moved to broker partner mid-term and obtained premium savings of $95,000 with similar coverage.
Eclipse Condominium – Arlington, VA (Assisted by Darnell Robertson): The association received a premium savings of $15,000 along with enhanced Flood and Earthquake coverage and a reduced Water Damage deductible.
Fox Run Condominium Trust – Foxboro, MA (Assisted by Amy Nutter): As a new client to FirstService Residential, broker partner took over as the new broker of record, marketed at renewal and saved $17,000 with similar coverage.
Woodwalk a Condominium – Burke, VA (Assisted by Adam Cichon): Client obtained a premium savings of $10,000 when compared to the incumbent’s initial renewal pricing by going to bid and binding with broker partner.
YRSCC 1388 / Bristol Condominiums on Yonge – Richmond Hill, ON (Assisted by Nabila Nawaleen): Board selected to insure through partner broker due to the significant coverage increases over their current policy even though premium was slightly higher.
TSCC 2684 / Connect Condos – Toronto, ON (Assisted by Andrea Mardare): The board at Connect selected us to provide insurance for their condo corporation due to our in depth understanding of the building complexities and ensuring they are properly covered by their insurance policies.