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Finance Piggy bank and borrow grunge concept
Co-op & Condo Financing

Aging is expensive—and that goes double for residential buildings. Exterior deterioration is inevitable, mechanical systems do not last forever, and everyday foot traffic and wear take their toll on even the sturdiest structures. For many c…

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Finance Arrow with dollar bills pointing up. Concept shot for currency exchange rate going up, inflation, economic boom
As Costs Rise, So Do Carrying Charges

The Community Associations Institute (CAI) estimates that 74 million Americans live in communities managed by homeowners associations, of which condos account for 35% to 40%. That’s a lot of people - many of whom may be in for a nasty shock…

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Real Estate Trends Virtual Staging
Virtual Staging

While the old adage says that real estate is all about ‘location, location, location,’ marketing is all about being in front of the customer. That’s an important factor in marketing co-op and condo apartments that was essentially vaporized …

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Maintenance Building Better in Surfside’s Wake
Building Better in Surfside’s Wake

The tragic partial collapse and subsequent demolition of the Champlain Towers South Condominium in Surfside, Florida this past June revealed some gaping holes in the structures, governance, and oversight of the country’s multifamily buildin…

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Finance Out of Sight, Out of Mind...Out of Money?
Out of Sight, Out of Mind...Out of Money?

Beautiful new residential buildings are erected every year. As developers make the finishing touches, the walls are closed to conceal elements like piping, wiring, fire suppression systems, and insulation. Unfortunately, awareness of these …

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COVID-19 Supreme Court Ends COVID Eviction Moratorium
Supreme Court Ends COVID Eviction Moratorium

Late on August 26, 2021, in a 6-3 unsigned decision, the Supreme Court ruled that the Center for Disease Control and Prevention (CDC) lacks the authority to impose a nationwide moratorium on evictions. While State restrictions may still app…

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Insurance Protecting Board Members from Claims
Protecting Board Members from Claims

In the wake of a tragedy of the size and scope of the recent building collapse in Surfside, Florida, many board members in condos, co-ops, and HOAs have concerns about what liability they may assume in their administrative role. This concer…

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