Several Beacon employees enjoyed a night of conversation and goal setting at the Atlanta Women's Network event at The Buckhead Club. Through the guidance of a life coach, we each created our own Vision Board using images and phrases that impacted us personally. You need a roadmap in order to reach your destination!
A Condominium is a type of property, usually attached, where owners own their unit and a portion of private land that sits on the facilities such as swimming pools, surrounding landscape and clubhouses. All Condo buildings have associations policies governing the condominium project, allocation of routine maintenance costs, and collect monthly, quarterly or annual... Continue Reading →
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 →
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 →
There are two components of a reserve study—a physical analysis and a financial analysis. During the physical analysis, a reserve provider evaluates information regarding the physical status and repair/replacement cost of the association’s major common area components. To do so, the provider conducts a component inventory, a condition assessment, and life and valuation estimates. A... Continue Reading →
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 →
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 →
At one time or another, many community associations and condominium associations are faced with the task of taking an owner to court to enforce restrictive covenants. While the general rule is that the covenants must be enforced, there are common defenses that an owner can raise to sometimes thwart the enforcement effort of the association. The good... Continue Reading →