HOA

California Association of Community Managers (CACM) Develops New Certification for Industry Service Providers

Retrieved on: 
Monday, October 16, 2023

LAGUNA HILLS, Calif., Oct. 16, 2023 /PRNewswire-PRWeb/ -- The California Association of Community Managers is rolling out a new Certification Program tailored to the industry's service providers. The new designation, California Certified Industry Partner (CCIP), will be awarded to individuals who complete the coursework and other requirements.

Key Points: 
  • LAGUNA HILLS, Calif., Oct. 16, 2023 /PRNewswire-PRWeb/ -- The California Association of Community Managers is rolling out a new Certification Program tailored to the industry's service providers.
  • The new designation, California Certified Industry Partner (CCIP), will be awarded to individuals who complete the coursework and other requirements.
  • Achieving the CCIP exemplifies an individual's commitment to the California community management industry.
  • Several other Industry Partner council members are in the process of completing the requirements and will receive their certification soon.

FirstService Residential Welcomes Michael Underwood as Executive Vice President in Northern California

Retrieved on: 
Tuesday, October 10, 2023

SAN RAMON, Calif., Oct. 10, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading community management company, welcomes Michael Underwood as Executive Vice President of our Northern California region. Michael's extensive career spans three decades of leadership including a background in landscape maintenance and construction where he primarily served the HOA industry. Michael brings proven expertise in delivering service excellence through fostering great relationships with boards and communities. His track record demonstrates his ability to successfully manage and grow a healthy portfolio of clients while actively investing in his team to ensure their success.

Key Points: 
  • FirstService Residential, North America's leading community management company, is pleased to welcome Michael Underwood to his new position as Executive Vice President of our Northern California region.
  • SAN RAMON, Calif., Oct. 10, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading community management company, welcomes Michael Underwood as Executive Vice President of our Northern California region.
  • In his role, Michael is responsible for the oversight, direction, and growth throughout all of Northern California including as Sacramento, the Bay Area, and San Francisco.
  • He is also responsible for the continued growth and development of the Northern California team of property management professionals.

MVP--A Takacs Company--Announces the Formation of MyMVPClub

Retrieved on: 
Friday, September 29, 2023

MyMVPClub, a customer centric and member friendly club was originally designed to serve timeshare owners who were readjusting their ownership after the repurposing of their timeshare.

Key Points: 
  • MyMVPClub, a customer centric and member friendly club was originally designed to serve timeshare owners who were readjusting their ownership after the repurposing of their timeshare.
  • MVP—A Takacs Company, has added yet another entity to serve the timeshare community.
  • MyMVPClub is a term product in three-year increments, giving members the choice to stay as long as they want to.
  • "MyMVPClub is designed so you know what to expect," says Takacs.

Porch Group announces cash investment in HOA, its insurance carrier

Retrieved on: 
Wednesday, September 27, 2023

SEATTLE, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced a cash investment of $57 million to its insurance carrier subsidiary, Homeowners of America Insurance Company (“HOA”), in exchange for both a $49 million surplus note from HOA and the acquisition of HOA’s rights to potential claims stemming from the fraud connected to Vesttoo Ltd. (“Vesttoo”) and others.

Key Points: 
  • SEATTLE, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced a cash investment of $57 million to its insurance carrier subsidiary, Homeowners of America Insurance Company (“HOA”), in exchange for both a $49 million surplus note from HOA and the acquisition of HOA’s rights to potential claims stemming from the fraud connected to Vesttoo Ltd. (“Vesttoo”) and others.
  • Porch announced on September 5, 2023 that HOA is under supervision by the Texas Department of Insurance (“TDI”) following the release of HOA’s statutory accounts for the quarter ending June 30, 2023.
  • Porch has worked closely with the TDI to restore surplus to an appropriate level.
  • At June 30, 2023, the Company held $358 million of unrestricted cash and investments, including $192 million at HOA, and $166 million in other Porch businesses and corporate.

Fall Landscaping Tips For Homeowners’ Associations And Managed Communities

Retrieved on: 
Wednesday, September 27, 2023

Let your HOA rules guide you when seeking inspiration for flowers, plants, and other fall landscaping ideas.

Key Points: 
  • Let your HOA rules guide you when seeking inspiration for flowers, plants, and other fall landscaping ideas.
  • Plant trees that offer minimal fall landscaping maintenance and draw attention to community structures and shared areas.
  • A three-inch layer can drastically reduce weed growth and help reduce the cost of fall landscaping services.
  • To ensure you don’t miss any essential improvements and repairs, download Associa’s complimentary “ HOA Fall Maintenance Checklist ” to help guide your fall maintenance efforts.

Bersh HOA Acquires Blue Door Realty

Retrieved on: 
Tuesday, September 26, 2023

Bersh HOA, LLC is thrilled to announce the successful acquisition of Blue Door Realty, LLC, a highly respected property management firm specializing in Homeowners Association (HOA) communities.

Key Points: 
  • Bersh HOA, LLC is thrilled to announce the successful acquisition of Blue Door Realty, LLC, a highly respected property management firm specializing in Homeowners Association (HOA) communities.
  • With this acquisition, Bersh HOA further solidifies its position as a trusted partner in property management services for HOA communities.
  • Headquartered in Albuquerque, New Mexico, Blue Door Realty has built a stellar reputation for its commitment to transparency, exceptional customer service, and innovative technology solutions in the property management industry.
  • Collin Schuhmacher, CEO of Bersh HOA, said, “We are delighted to partner with Melanie and the rest of the Blue Door team.

Associa Hill Country Hosts Free Webinar On 2023 Legislative Updates For Managed Community Board Members

Retrieved on: 
Monday, September 25, 2023

SAN ANTONIO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Associa Hill Country (ACH) believes that an educated homeowners’ association (HOA) board is a successful board.

Key Points: 
  • SAN ANTONIO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Associa Hill Country (ACH) believes that an educated homeowners’ association (HOA) board is a successful board.
  • That’s why it’s hosting a free virtual webinar to provide new community board members with an overview of the most recent legislative session.
  • The webinar, which is open to current and prospective clients, will equip attendees with the resources, skills, and training they need to meet the complex demands facing their community.
  • Topics covered in this webinar will focus primarily on new legislation in Texas that has recently passed, legislation that failed to pass, and other proposals on the horizon.

Associa Tips To Improve HOA Board Teamwork

Retrieved on: 
Monday, September 18, 2023

DALLAS, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Associa , the community management industry’s largest company, understands that serving on a Homeowners Association (HOA) board brings many challenges that can easily disrupt teamwork and progress.

Key Points: 
  • DALLAS, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Associa , the community management industry’s largest company, understands that serving on a Homeowners Association (HOA) board brings many challenges that can easily disrupt teamwork and progress.
  • Here are six tips to improve trust and teamwork on your HOA board.
  • When every HOA officer stays on top of their individual responsibilities, it helps simplify operations while keeping the board on track.
  • HOA technology lets board members quickly and efficiently streamline communication, assign tasks, and improve transparency.

Monarch Landscape Companies Acquires Environmental Designs, Inc.

Retrieved on: 
Tuesday, September 19, 2023

Los Angeles-based Monarch Landscape Companies (“Monarch”), a leading national provider of high-quality commercial landscaping services, announced today the acquisition of Environmental Designs, Inc. (“EDI”), a full-service commercial landscape company based in Brighton, Colorado, with additional locations in Loveland and Castle Rock.

Key Points: 
  • Los Angeles-based Monarch Landscape Companies (“Monarch”), a leading national provider of high-quality commercial landscaping services, announced today the acquisition of Environmental Designs, Inc. (“EDI”), a full-service commercial landscape company based in Brighton, Colorado, with additional locations in Loveland and Castle Rock.
  • Environmental Designs, founded in 1989 by Shawn Ryan, provides commercial-landscape maintenance and enhancements, arbor-care services, sustainable landscape management, and snow and ice removal across the greater Denver metropolitan area.
  • “We’re excited to welcome the Environmental Designs team to the Monarch family,” said Brian Helgoe, Chief Executive Officer and Founder of Monarch.
  • Based in Los Angeles, Calif., Monarch Landscape Companies is a leading provider of highly proactive commercial landscaping services across the Western United States and continues to expand into new markets.

Commonwealth LNG and EQT Sign Heads of Agreement for LNG Supply

Retrieved on: 
Monday, September 18, 2023

HOUSTON, Sept. 18, 2023 /PRNewswire/ -- Commonwealth LNG announced today that it has entered into a Heads of Agreement (HOA) with EQT, the largest producer of natural gas in the U.S., for 1 million tons per annum of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG's facility in Cameron, Louisiana.

Key Points: 
  • HOUSTON, Sept. 18, 2023 /PRNewswire/ -- Commonwealth LNG announced today that it has entered into a Heads of Agreement (HOA) with EQT, the largest producer of natural gas in the U.S., for 1 million tons per annum of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG's facility in Cameron, Louisiana.
  • Commonwealth LNG Founder and Executive Chairman Paul Varello said, "We are very pleased to add a US producer of EQT's stature to Commonwealth's customer portfolio."
  • He added, "This agreement will connect EQT's vast natural gas assets to Commonwealth's LNG facility, thus creating a robust value chain from wellhead to water.
  • Commonwealth anticipates a final investment decision on the project in the first quarter of 2024, with first cargo deliveries expected in 2027.