CASE STUDIES FOR

Co-op & Condo Boards

Most co-ops and condominiums Boards are well-positioned to handle the typical challenges they face: ensuring that a building’s finances are sound, maintaining the structures and systems in their buildings, overseeing their property manager, communicating with residents. But when it comes to dealing effectively with lenders, or a defaulting Sponsor, or any of the other uncommon challenges that inevitably arise from time to time, Mantell Advisory can fill in with expertise and an inter-disciplinary approach not typically within the capabilities of the Manager, a Board’s primary legal counsel, or its CPA’s, even in combination.

Whether you serve on a co-op or condo board or manage a building, we can help. For example, your building may be grappling with disputes with a Sponsor, or any dispute not wholly covered by insurance, or facing extensive or costly reconstruction work, environmental concerns, or owner discord. With decades of experience in every conceivable facet of the real estate industry, we are fully armed to help you select a path whenever the best choice seems unclear, and to control costs while reassuring your constituents that every aspect of the situation has been carefully and astutely analyzed.

The following two case studies give a glimpse of how we work with co-op and condominium boards and managing agents.

CASE STUDIES FOR

Co-op & Condo Boards

Most co-ops and condominiums Boards are well-positioned to handle the typical challenges they face: ensuring that a building’s finances are sound, maintaining the structures and systems in their buildings, overseeing their property manager, communicating with residents. But when it comes to dealing effectively with lenders, or a defaulting Sponsor, or any of the other uncommon challenges that inevitably arise from time to time, Mantell Advisory can fill in with expertise and an inter-disciplinary approach not typically within the capabilities of the Manager, a Board’s primary legal counsel, or its CPA’s, even in combination.

Whether you serve on a co-op or condo board or manage a building, we can help. For example, your building may be grappling with disputes with a Sponsor, or any dispute not wholly covered by insurance, or facing extensive or costly reconstruction work, environmental concerns, or owner discord. With decades of experience in every conceivable facet of the real estate industry, we are fully armed to help you select a path whenever the best choice seems unclear, and to control costs while reassuring your constituents that every aspect of the situation has been carefully and astutely analyzed.

The following two case studies give a glimpse of how we work with co-op and condominium boards and managing agents.