COOPERATIVES
(CO-OPS)

For COOPERATIVES (CO-OPS), Pinwheel Properties provides complete Property Management and Consultation services, including (but not limited to):

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COOPERATIVE CONVERSIONS

Owners & buyers may wish to convert an existing complex to co-op; or, an existing co-op may wish to convert to condos. Careful management is critical to protect owners’ best interests during conversions.

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OPERATIONS

Overseeing daily requirements of the shareholder’s interests. Providing administrative support and communications with residents, Board members, staff and outside vendors. Controlling area access.

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FINANCIAL

Funding, budgeting & assessments. Rent collections & delinquencies. Financial accounting and reporting. Facilitating reviews/audits as required. Planning for unexpected contingencies & disasters.

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MAINTENANCE

Ongoing maintenance of residences, grounds & support systems. Anticipating necessary repairs and system failures. Obtaining competitive quotes, selecting and overseeing qualified service vendors.

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COMPLIANCE

Clarification & enforcement of rules, regulations & bylaws. New buyer education. Voting & elections. Implementing new fire, safety, health & ADA codes. Clarifying rule hierarchies and interpretations.