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October 2018 Highlight Reel

October 1, 2018ScottHighlights

Insurance:

TSCC 2541/The Glen Condo’s – Toronto, ON: Board chose to insure through FS Insurance Brokers national program which provided a broad spectrum of coverages at a comparable premium

Silo Point Condominium & Community Association – Baltimore, MD:  FS Insurance Brokers enhanced building coverage by over $40,000,000 and saved this new client over $20,000 in premium

Twin Rivers Lake Condominium Association – East Windsor, NJ: Partner agent enhanced property coverage with Extended Replacement Cost and the association received $15,000 in premium savings at renewal

River Oaks Brookfield II – Woodbridge, VA: Partner agent enhanced property coverage with Extended Replacement Cost and saved the association 17% in premium

Lending:

$2,550,000: Ridgefield Towers – New York
$1,780,000: Kinzie Station – Illinois
$1,100,000: 700 W. Van Buren – Illinois
$1,000,000: 125 East 84th – New York
$1,000,000: 7201 4th Ave – New York
$1,000,000: Delaware Place – Illinois
$875,000: 212 W. Washington – Illinois
$622,082: Ridge at Wood Buffalo – Alberta
$450,000: Elm Creek Bluffs – Minnesota
$225,000: TSCC 2657 – Ontario
$180,000: Medill Street Lofts – Illinois
$110,000: Forest at Stone Oak – Texas
$85,000: Lofts on Arts Avenue Owners Association – Minnesota

Cash Management:

Corriente Condominium- Scottsdale, AZ: Assisting with placement of $1,200,000 in settlement proceeds which will result in over $26,000 of annualized interest

Pinnacle Canyon- Tucson, AZ: Increasing portfolio’s average yield by 47% and will assist with managing their CD ladder

Park Terrace – San Diego, CA: Increasing portfolio’s average yield by over $40,000 (167% increase) and will assist with managing their CD ladder

Tesoro Del Valle Master – Valencia, CA: Increasing portfolio’s average yield by over $29,000 (178% increase) and will assist with managing their CD ladder

One Las Vegas – Las Vegas, NV: Increased portfolio’s average interest earned by over $26,000 (350% increase) and will assist with managing their CD ladder

Pacific Legends Green Valley – Henderson, NV: Reallocated balances to increase portfolio’s average yield by 360%

The Aviary – Murphy, TX: Reallocated balances to increase portfolio’s average yield by 88%

South Padre Island – Houston, TX: Reallocating balances to increase portfolio’s average yield by 178%

Hearthstone at West Bristol – West Bristol, PA: Reallocated $307,403 to help earn an additional $1,525 per year

Carriage Run – Skippack, PA: Reallocated $214,058 to help earn an additional $1,263 per year

Lake Wynonah – Auburn, PA: Reallocated $3,706,008 to help earn an additional $5,078 per year

Fernleigh – Valley Forge, PA: Reallocated $240,258 to help earn an additional $1,476 per year

Victoriana – Echelon, NJ: Reallocated $406,067 to help earn an additional $4,940 per year

Commons at Laurel Creek – Mt. Laurel, NJ: Reallocated $1,478,367 to help earn an additional $5,475 per year

Coventry Village – West Chester, PA: Reallocated $300,887 to help earn an additional $3,172 per year

Harbors Haverstraw – Haverstraw, NY: Reallocated $577,712 to help earn an additional $1,742 per year

Towamencin – Harleysville, PA: Reallocated $716,375 to help earn an additional $2,304 per year

Goose Creek Master – Ashburn, VA: Reallocated $1,073,556 to help earn an additional $9,370 per year

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