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Pat Bialek, VP Property Management, was named Community Association Manager of the Year at the Excellence Awards and Winter Gala hosted by the Community Associations Institute (CAI), Illinois Chapter. As the first-ever winner of this prestigious award, Pat was recognized for her exemplary knowledge, ethics, professionalism and skills in financial, administrative and facilities management.

Your association should never have to rely on a special assessment for a capital expense that could have been foreseen – or even prevented. Here are five tips to keep your Chicago high-rise condominium association's budget in the black and keep up with maintenance and capital improvements.

It’s that wonderful time of year! Many of us are shopping online to get that perfect gift for our loved ones. And, for those doing last-minute shopping, we don’t want to have to worry that something will go wrong with our deliveries.

Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements.

A Maryland resale certificate is a critical document in a condominium’s resale disclosure package. Discover everything your condo should know in our guide.

Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements.

There’s a lot to love about living in a community with a homeowners association (HOA). The amenities. The sense of belonging. The high aesthetic standards. But none of that happens without stable finances. With that in mind, here’s the bottom line on financial best practices for your HOA.

Do HOA fees go up in Massachusetts? Understanding how HOA fees work, what drives increases, and how to prevent unnecessary hikes can help you plan for the future and advocate for cost-effective management in your community.

High-rise buildings in Massachusetts come with unique challenges. In this guide, learn essential tips for high-rise security, from video surveillance to cybersecurity. Learn more!

Whether you're on the board of a high-rise or community association. you want to hire a property management company that will provide the best service for their community. What does that really mean?

The chief responsibility of a community association board member is to preserve, protect and enhance the community. That includes, above all else, its financial health. But you can’t affect the financial health of your community if you don’t understand where it is when you join the board. Balance sheets are the best tool for gaining that basic understanding.

Budgeting can be tough. It requires that boards look at their priorities and the needs and wants of the community, plus the money coming in and going out -- and making it all balance. As an association board member, producing a responsible, effective budget is one of your primary responsibilities.

Dive into the details of creating a strategic plan for your homeowners association.

As a homeowner, you want to live in a place that accentuates your style – from a beautiful entrance monument or exquisitely decorated building lobby, complete with freshly pruned trees and lush landscaping – but unless your association board has strategically planned out your community’s budget, you can forget all of that. The budgeting process is a valuable opportunity to explore the current financial condition of your association and ensure its financial stability for the future.

Community associations operate like a business, which means they must hold regular meetings of their officers (board members) and shareholders (homeowners). So, love ‘em or hate ‘em, board and association meetings are a necessary part of community association governance.

Because common areas serve all residents, proper maintenance is essential. A well-kept common area not only enhances curb appeal but also contributes to a more enjoyable living environment for everyone. Learn more in our guide.

The spring season is a time for renewal and a fresh look, so being able to properly landscape around the building is of utmost importance.

Average HOA fees for townhomes in Minnesota can differ based on local factors. Discover our in-depth guide, from price breakdown to why fees are charged.

Having an integrated plan is the key to proactively addressing your property's maintenance needs. Here are six things you need to do for an effective preventive maintenance plan.

Minnesota HOA reserve requirements are outlined in the state's Common Interest Ownership Act (MCIOA). In this guide, discover the key things you need to know.

Maintaining the health of your Minnesota community homeowners association’s finances is similar to the way you keep yourself healthy: make good choices, don’t overindulge and exercise good judgement.

Some self-managed associations believe they can't afford to hire a professional property management company to manage and maintain their community's operations, assets, finances, common areas and other day-to-day activities. However, as you'll learn in this article, a professional property management company is one thing many communities can't afford to be without.

The Board Secretary is responsible for meeting the Association’s legal and financial obligations and maintaining the Association’s records. Depending on the Association’s requirements, some of the following tasks may need to be distributed to other Board Members or it might be necessary to appoint an assistant to the Secretary.