Over 45 years of experience.
We have been helping condominium developers, managers, and owners since 1972 and started reserve fund studies before they were legislated in the 1990s.
Nationwide expertise.
Our national team of building science, structural, mechanical, and electrical engineers, technicians, and technologists have decades of collective experience in their fields. Jonathan Juffs, the director of our condominium/strata group, co-authored “Reserve fund essentials,” a layperson’s guide to reserve fund planning and control.
Easy to understand reporting.
We work with you to create a report that is easy for boards to understand, with clear explanations in everyday terms. We go well beyond to ensure that the sea of spreadsheets is helpful to the condo managers, board members, and owners. On request, the head of our condominium group can visit with your condo board to walk them through the report, answer any questions about reserve funds, and demonstrate, in real time, the effects of changing various funding and cost assumptions.
Competitive pricing.
We do hundreds of studies every year for clients, and the efficiencies we’ve developed enable us to do them for a surprisingly reasonable cost.
Accurate cost projections.
Because we’ve done many thousands of studies for condominium properties, we have a massive database we can use to determine life expectancies of building assets in a variety of real-world conditions. We keep a close eye on how repair and replacement costs change over time.
An extensive list of trusted contractors.
Should you need them, we can provide you with recommendations based on our actual experience with contractors. If you request that we manage your repair or replacement project, we’re also happy to work with your preferred contractors.
Notice of future funding preparation.
Once the plan is approved, our reporting process includes providing a Notice of Future Funding for inclusion with status certificates, distribution to owners, coordinating with auditors, and ready reference during the day-to-day operations of the condo.
Further long-term planning.
Currently, reserve fund studies must look 30 years in the future. We exceed this minimum requirement and look further down the road, providing our condominium clientele with reserve fund insights at the 45- and 60-year marks.
It all adds up to a comprehensive study package that helps make the job of both property managers and condo boards easier.
