Beacon Management Services announced that it is managing Brasfield Overlook, a significant office development within the Glenwood Park mixed-use community located between Grant Park and East Atlanta Village. Glenwood Park was developed by Green Street Partners as an award-winning live-work-play environment with mix of earth friendly housing, as well as retail stores, office space, people-friendly... Continue Reading →
Only 17 Condos Remain at Sovreign in Buckhead
Condos are selling quickly at the luxurious Sovereign condominium tower located in Buckhead. Back in 2011, the developer was lucky to close just 6 units.How times have changed. I mentioned in my last post the condo market activity has picked up quite a bit. Buyers who are opting for new(er) construction really need to get motivated.At... Continue Reading →
Atlanta Condominium Owners Learn Simple Ways to Save on Their Insurance Premium
Insurance seems to be on everyone's minds these days. And why not? Premiums seem to be increasing while coverage for home and property is not. Beacon Management Services recently held an informative meeting for one of its properties with representatives from a major insurance company to discuss the topic of the day. A major point of... Continue Reading →
Beacon Management Discusses Atlanta Real Estate News In this Informative Radio Interview
Beacon Management Services on Atlanta Real Estate Forum Radio
Atlanta HOA and Condominium Management Companies and Reserves Studies: Part 1
Community associations come in all sizes. They vary in age, amenities provided, and maintenance obligations. Careful planning for future repairs and replacements is not only in the best physical and fiscal interests of the community association, it is required by law in some states. Maintaining a reserve fund not only meets legal, fiduciary and professional... Continue Reading →
Atlanta Association Management Companies Should Follow These Basic Steps When Writing a Strategic Plan for Their Community
Plan development is the first component of strategic planning. During this stage, the following steps should be completed. 1. Assess the association’s history and significant accomplishments. Develop a history of the association. List important milestones that brought the association to where it is today. In order to help visualize how the association has changed over the... Continue Reading →
Beacon Management Services Topic of the Day: FHA Financing Available for Condos ONLY if Entire Building Qualifies
Condo associations are still struggling to meet Federal Housing Administration certification requirements for mortgages insured by the federal agency. Here's the latest FHA condo certification news. Can Your Condos Meet FHA Rules? The FHA guarantees home loans offered through conventional lenders. FHA loans allow homebuyers to use a smaller down payment and sometimes to have... Continue Reading →
Beacon Management Services Topic of the Day: Does Your Condo Building Meet the New Fannie Mae Insurance Guidelines?
On December 28, 2011, Fannie Mae issued new insurance requirements on the condos securing the mortgages it will purchase. Here we give you a feel for the rules and discuss whether it's smart for your HOA to speak to an insurance broker to determine if your master insurance policy meets Fannie Mae's requirements. Why Should... Continue Reading →
Beacon Management Services Topic of the Day: Is Buckhead Leading the Atlanta Housing Market Recovery?
Atlanta's housing market is showing positive signs of recovery in several of the city's toniest neighborhoods. Home sales in the $1 million to $2.5 million and higher price range have seen a jump in activity. The Buckhead market, Atlanta's version of Beverly Hills, was one of the last markets to feel the effects of the recent economic... Continue Reading →
Beacon Management Services Topic of the Day: $15 Billion of Atlanta Real Estate Sold in 2011
The Atlanta Business Chronicle reported the top residential real estate realtors and companies for 2011. Combined, the top ten real estate organizations sold 87,790 homes and condominiums, representing approximately $15 billion in gross residential sales. Atlanta's Top 10 Real Estate Organizations Ranked by Sales Volume: 1.) Keller Williams Realty, Southeast Region - $3.8 billion 2.)... Continue Reading →