Recruit, train, retain: Attracting young professionals to community management
If you talk to community association managers these days, they seem to agree on a few key things about the state of the profession. Business and career prospects are booming. Job candidates are not. The future of the industry depends on hiring young professionals—soon.
Balcony inspections: California community associations must prepare for new requirements
California’s “balcony bill,” SB 721, requires balcony inspections within all multifamily residential buildings containing three or more dwelling units no later than Jan. 1, 2025. David Swedelson, founding senior partner at Swedelson Gottlieb firm, provides details to help communities prepare for and transition to these new requirements.
Leadership lessons: Addressing mentorship, burnout, conflict critical for community association management companies
Community association management companies need to address things like mentorship, burnout, and conflict resolution to be great leaders. David Graf, president of CAI’s College of Community Association Lawyers, was among the presenters who taught CEO-MC Retreat attendees how to build those skills.
Reducing the stigma: Learning to talk about, prioritize community managers’ mental health
As rewarding as community association management can be, the career path also faces high rates of burnout, depression, and mental health issues. How can managers learn to handle both the workload and mental health? Start by creating a completely different level of awareness.
Committed to community: CAI ready to respond to challenges and opportunities
Over the past 50 years, CAI and its members have grappled with exciting, frustrating, and sometimes grueling issues. What challenges and opportunities await CAI over the next few years? We asked leaders in the industry to share their perspective.
Safety and security: Preparing your community for hostile behavior
Community association board members and managers frequently practice diffusing tension and communicating clearly. Today, they also need to prepare safety and security plans in the event of hostile and dangerous behavior. Though worst-case scenarios are rare, in an increasingly uncertain climate, a renewed focus has been placed on safeguarding residents, volunteers, and employees.
Fannie Mae and Freddie Mac: New lender requirements take effect
In July, Fannie Mae and Freddie Mac released updates to project eligibility standards for condominiums and housing cooperatives. It is critically important for condominium and housing cooperative projects to have access to loans that will meet Fannie Mae and Freddie Mac qualifications. CAI continues to provide specific feedback regarding the requirements.
Disaster preparations: Hurricanes Hilary and Idalia remind communities to be ready
The past few weeks have brought multiple natural disasters to several parts of the U.S. Last week, tropical storm Hilary’s unprecedented landfall brought powerful winds and heavy rains, reminding community association leaders to evaluate their disaster preparations.
Communication counts: Developing a collections policy for community assessments
Collections policies help ensure that all owners are treated equally and are contributing fairly. Simplify the process by following this general framework for a collections policy.
Tragedy in paradise: Maui wildfires impacting community associations, CAI members
The Maui wildfires that tore through the historic town of Lahaina last week have become the deadliest in modern U.S. history, killing more than 100 people, reports The Washington Post. Homes, condominiums, schools, and businesses were reduced to rubble by the fast-moving inferno.