We deliver easy-to-understand reserve study reports and unbiased guidance that supports your community’s long-term capital planning needs.
Our comprehensive, easy-to-understand reserve studies help community managers and board members make smarter, more confident decisions.
Our industry leading team of engineers provide unbiased guidance that supports your community – no matter what it takes.
We strive to be the caring consultants you need in your corner for years to come, helping you to make informed decisions now and in the future.
In 1960 in Salt Lake City, the first condo buildings in the U.S. were built. But it was prior to this, in 1947, that the concept of reserve funds was first born. First referred to as the Fire and Tornado Fund by insurance companies, early reserve funds were meant primarily for emergencies and disasters. However, it wasn’t until the late 1990s that uniform standards for reserves studies were established by the Community Associations Institute.
When it comes to reserve funds, a common question we hear is “how much money should our association have in reserves?” The truth of the matter is, it depends. Each association is unique in a variety of ways, so the answer to this question varies widely depending on the community, its components, and its wants and needs.
Is your community association considering going electric? In 2021, electric vehicles (EVs) accounted for only 3% of car sales worldwide. By 2040, it’s predicted that EVs will account for a whopping 58% of global passenger vehicle sales. As more Americans trade in gas-operated vehicles for electric vehicles, infrastructure needs are rapidly changing.
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