While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
Tag: Property management
Finding a good neighbor—it’s what we all hope for when we move into a new building or community. The same is true for commercial properties in residential buildings. Making a good match, one that benefits both the commercial tenants and un…
Amenities can be a major selling point for any co-op or condo. You don't have to be Jillian Michaels these days to have a spa or full gym at home. Naturally, they add to the property value of the building as a whole, as well as to the indiv…
Whether you live in an urban high-rise in the heart of a large city, or in a more spread-out suburban HOA development, security—for both property and physical safety—is an important issue in any condo community. Who can come in, at what tim…
The experience of co-op and condo board members can often feel like a juggling act. There are varied interests in the community that want different things. There's legal counsel, financial advisers, and managers who try to offer the best pr…
Chicago, the third largest city in the United States, is a multicultural hub that thrives on the diversity of its nearly 3 million residents and 77 distinct neighborhoods. Nestled on the southwestern shore of Lake Michigan, Chicago is trav…
The best association boards in the Windy City—those that accomplish the business of their communities effectively—often seem to have members with similar habits. By the same token, poor boards frequently make similar mistakes. But even goo…
“Individual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work.” Legendary Green Bay Packers football coach Vince Lombardi left condo boards and managers off his short lis…
While the Chicago area has seen its fair share of disasters, both natural and man-made (they didn't call it The Great Chicago Fire because it was a trifle), its resilient populace has always bounced back with renowned vim and vigor. But, p…
The owners of Museum Park Place Condominium in Chicago’s South Loop area are fortunate; their 23-story, 194-unit building overlooks Soldier Field. “We sit on the rooftop terrace, listen to concerts, and watch the Bears play football on the…