January 2015, Vol 5, No 1
Visit our archives to see other articles that were published in 2014.
- 1.27.15 Preparing your association for electronic communications Illinois community associations may now communicate electronically with their owners, but that doesn't mean they can cut their paper and postage budgets. Many practical details must be worked out before any savings are realized. [Chicago Tribune]
- 1.21.15 Woman sues condo association over attack outside building A West Loop woman sued her condo association and a property management firm, alleging they were negligent and failed to provide adequate security near the building entrance and a nearby alley where she says she was attacked last year. [Crain's Chicago Business]
- 1.14.15 High-end condos defy residential market slowdown Through yesterday, sales of Chicago-area condos for $1 million or more totaled 491, up 15 percent from full-year 2013, according to the Chicago Association of Realtors, using figures from Midwest Real Estate Data. [Crain's Chicago Business]
- 12.17.14 Go into a condo purchase with eyes wide open Sara Benson has co-written with Chicago real estate writer Don DeBat the provocatively titled "Escaping Condo Jail: The Keys to Navigating Risks and Surviving Perils of the 'Carefree' Community Lifestyle." [Chicago Tribune]
- More News...
There is an old adage claiming that “The more things change, the more they stay the same.” This is not a happy thought for a board or association looking to change property managers or firms. To go through the turmoil involved in replacing a management company and still not achieve the desired changes is a costly experience in not just dollars, but time and frustration for the board and indeed, the entire community. Read More
“Individual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work.” Read More
Even the most successful property managers understand they don’t know everything, and with new developments happening in building technology, administration, and communication, a savvy manager will look to constantly learn about what’s new. Read More
As the co-op/condo market continues to heal after the setback it experienced during the financial crisis of late, many management firms and independent property managers are looking for ways to distinguish themselves from their colleagues and stand out in an increasingly tough market. The competition to manage some of the world’s priciest buildings is intense. Read More