Self-managed Association: We offer a budget review and/or preparation service to assist those Associations and Boards who do not have a management company or staffs with industry knowledge. Our team of experts will review your financial statement and prepare a budget within the guidelines established by the Board. This is a great tool for using our expertise to reduce expenses and receive the highest level of service at the most competitive pricing.
New Developments/Conversions/Fractured Condos: Our teams will work hand in hand to access a community and the needs they will have for the upcoming year. We have successfully prepared over 800 accurate operating budgets in 5 states; ensuring each is compliant with state regulations, financially sound for the association, and at a level that will not impede sales activity.
DUE -DILIGENCE SERVICES:
Condominium Concepts Management Inc. has performed a multitude of due-diligence inspections for developers, builders, investment groups and financial institutions. Our extensive procedures and comprehensive reporting packages ensure that our clients have a complete picture of the assets they are investigating. As part of this process our team of management professionals will review each and every file; auditing them for accuracy and comparing them to computer/management reports. A team of maintenance professionals will walk each vacant unit, providing a unit by unit analysis of the conditions and cost of repairs. Both staffs will walk the common areas; preparing a list of deferred or capital improvements. We can add additional services to our scope upon request.
In today’s volatile market it is important to know what your exit strategy is. Our professionals can perform a feasibility study assisting you in these tough decisions. Whether it is converting an apartment or hotel building to condominiums for sale product or reverting a fractured condominium project to multi-family for rent; we have the capabilities to provide detailed insight into each market, resulting in detailed reporting to assist in the decision making process.
GENERAL CONSULTING SERVICES:
We offer a number of services allowing us to assist our Client in every aspect of the Real Estate Management industry. The following list is representative of those services.
Don’t see a service that meets your needs, ask us!!