Earlier this year, CAI grew beyond 45,000 CAI members. Reaching this number during our 50th anniversary year is a gratifying accomplishment, which reflects the hard work and dedication that CAI members and staff have put in to make for a robust and successful organization. But I think there’s more to the story.
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.
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.
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.
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.