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New condo safety laws: Three things community associations should consider

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Association Banking

New condo safety laws: Three things community associations should consider

Recently, Florida passed SB 4-D, a new safety regulation for condominium and cooperative association buildings. The new condo safety laws center around inspection requirements, mandatory reserves, and more transparency for unit owners and prospective unit owners on information regarding the...

Financing major restoration projects

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Association Banking

Financing major restoration projects

As time passes, and community associations continue to age, their upkeep becomes more and more complicated for the unit owners, the board, and the management company. There will come a time when some community associations may need to consider financing...

Hurricane season disaster planning tips for community associations.

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Association Banking

Hurricane season disaster planning tips for community associations.

June 1 marked the start of the hurricane season and a lot of condominium, homeowner and co-op associations have noticed that their preparedness needs have changed drastically due to several factors, from changing weather patterns to labor shortages and repair...

Popular Bank Director of National Healthcare Financing Andrew Boland Participates in EBA Panel Discussion

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Popular Bank Director of National Healthcare Financing Andrew Boland Participates in EBA Panel Discussion

Popular Bank Senior Vice President and Director of National Healthcare Financing Andrew Boland joined fellow industry leaders for the Environmental Banker Association (EBA) panel discussion How COVID Changed Senior Living & Care Underwriting. The panel was hosted on April 29,...

Is a Loan the Answer?

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Is a Loan the Answer?

To borrow or not to borrow? That is the question! By Harold Blinder Condominium and homeowner association properties are aging. Even the best maintained property cannot avoid this process. Professional managers and directors with fiduciary responsibilities face an era of...

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