Sustainability


Mar 22, 2016 , , , , , , , , , , , Leave a comment

CAI 2016 trade show – Sustainability At this year’s CAI Trade show, three field experts gave their perspective on sustainability. Howard Dakoff, Rebecca Fyffe, and Mark Waldman shared insight from the topics of LEED certification, to quick remedies to reduce your carbon footprint, to green pest solutions. Improved energy efficiency is not only a part […]

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Class Action Fiber Cement Siding Settlement


Sep 05, 2015 , , , , Leave a comment

Are any communities you manage experiencing issues with CertainTeed fiber cement siding installed prior to September 30, 2013? If so, you may be eligible for a settlement. A class action lawsuit was filed against CertainTeed and settled for $103.9 million, with an effective settlement date of August 11, 2014. This date is important. Class action […]

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Why Update Reserve Studies?


Sep 05, 2015 , , , , , , , , , , , , Leave a comment

Why Update Your Reserve Study? The simple fact is, things change. Just to mention a few, the condition of the property elements on which the reserve study is based change. The association’s financial situation and reserve fund balance change. Board members and property managers change. The condition of the property elements are always changing whether […]

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Is Fiber Cement Siding Right for You?


Sep 05, 2015 1 Comment

How do you decide what type of siding to use on your home? Cost, esthetics, maintenance, and durability all are items to be considered when deciding on the exterior cladding for your home. One option that has become increasingly popular is fiber cement siding. This type of cladding comes with a 30-50 year warranty; however, […]

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The Cost Benefit of Reserve Studies


Sep 05, 2015 Leave a comment

Quite commonly an association board will see the reserve study as an added expense and/or necessary evil; however, it is important that they understand the cost benefit analysis of a reserve study. Reserve studies easily pay for themselves and often several times over. The cost benefit of a reserve study is quite simply the fact […]

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The Importance of Retaining Wall Drainage


Sep 05, 2015 6 Comments

Retaining walls are useful structures that form a transition between areas of different elevation. Retaining walls allow steep, unusable slopes to be avoided. A retaining wall will make use of the vertical forces from the wall itself and any soil above the wall’s footing to resist the lateral forces from the soil being retained. This […]

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Water Intrusion


Sep 05, 2015 Leave a comment

Any building or home can suffer from water intrusion resulting in varying degrees of damage. Undiscovered leaks can cause damage to the interior and exterior walls, wood rot, and has the potential to create very costly repairs if the issues are not addressed promptly. For example, water can enter into a building through improperly sealed […]

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EIFS Cladding & Capital Reserve Studies


Sep 05, 2015 Leave a comment

Several townhome and condominium associations in the Chicagoland area are in need of significant funding to complete EIFS repairs. Apparently the associations did not know how costly it is to maintain and repair EIFS and when the time came to finally per- form the repairs they were caught short and did not have nearly enough […]

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Reserve Studies


Sep 05, 2015 Leave a comment

How much will your real estate investment cost to maintain five years from now? Ten years from now? Fifteen or twenty years from now? Whether you own a commercial building or a two bedroom condominium, at some point the roof needs replaced, the façade will need tuck pointing or the air conditioner will reach the […]

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