For COOPERATIVES (CO-OPS), Pinwheel Properties provides complete Property Management and Consultation services, including (but not limited to):
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.
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.
FINANCIAL
Funding, budgeting & assessments. Rent collections & delinquencies. Financial accounting and reporting. Facilitating reviews/audits as required. Planning for unexpected contingencies & disasters.
MAINTENANCE
Ongoing maintenance of residences, grounds & support systems. Anticipating necessary repairs and system failures. Obtaining competitive quotes, selecting and overseeing qualified service vendors.
COMPLIANCE
Clarification & enforcement of rules, regulations & bylaws. New buyer education. Voting & elections. Implementing new fire, safety, health & ADA codes. Clarifying rule hierarchies and interpretations.