Today it is more important than ever to have a well-thought-out succession plan in place for your association’s board of directors. Your condominium or HOA management company should help craft a succession plan that requires a thoughtful planning process. It should consider a new board member’s competencies, experience, background, and fits with your existing board. In addition, board [...]
Beacon Management Services was selected to manage a major, mixed-use development on Peachtree Road in Buckhead. Built in two phases, the project consists of two condominium towers called The Aramore and The Astoria at the Aramore, street-level restaurants, retail and office space. Beacon assumed management of the entire development on June 1, 2013. “We’re delighted to have [...]
Beacon Management Services Topic of the Day: Is Buckhead Leading the Atlanta Housing Market Recovery?
Atlanta's housing market is showing positive signs of recovery in several of the city's toniest neighborhoods. Home sales in the $1 million to $2.5 million and higher price range have seen a jump in activity. The Buckhead market, Atlanta's version of Beverly Hills, was one of the last markets to feel the effects of the recent economic [...]
Atlanta certainly has taken a beating in the local and national media over the past week. The latest Standard & Poor’s Case-Shiller Home Price Index report was released, ranking Atlanta second only to Detroit, with a price index of 88.93, down from a high of 136.47 in mid-2007. This represents the fourth straight month of [...]
How should you fill a vacant seat on your homeowners association board of directors without creating headaches within your HOA. "First, look to your governing documents and state statutes to see if there's anything about how to handle an appointment procedurally," says Donna DiMaggio Berger, managing partner at Katzman Garfinkel & Berger in Ft. Lauderdale, Fla., [...]