While the board is the one who makes important financial decisions for their communities, it’s the property manager who handles day-to-day administrative tasks and keeps the association’s buildings running smoothly. If there’s an issue …
Category: Association Operations
Some property managers fly through their to-do lists with the greatest of ease, while others send you to voicemail. Again. The difference between a serviceable manager and a really great one may not be something they’re born with; but m…
Two miles north of downtown Chicago you find one of the Windy City’s quintessential neighborhoods, Lincoln Park. Lincoln Park is located along the lakefront and comprises the area north of North Avenue, south of Diversey Parkway, west o…
This is a great time to be on the board of directors of a condominium association—if you like a challenge. Gone are the days of flush and growing reserve funds and easily balanced operating budgets that marked the real estate …
It was an odd call to management, but Erik Conrad, president of InCommercial Property Group in Chicago, knew that when his residents have a gripe, they also have the right to call and let him know what the problem is. In this …
As technology has paved the way for easier entry into many career fields, residential property management has taken on many changes—adjusting for a new generation of professionals from degree programs across the country. Sara …
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 …
In light of the catastrophic, deadly condo building collapse in Surfside, Florida last month, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the structural m…
Water infiltration in multifamily buildings has always been an issue of grave concern; leaks can lead to everything from unsightly stains to mold growth to crumbling infrastructure, and can mean hundreds of thousands spent on repairs and re…