ING's owner has been working in the real estate industry for over 15 years. In that time, working with developers from construction to turnover has been an important part of building a well-rounded career and learning how to meet the need of any future clients. This foundation supports a unique perspective as to the needs of any developer controlled properties we manage. We understand that balancing member satisfaction and the developer's business objectives is an art form. Our team will provide assistance with:
Breaking Ground: The time commitment needed to set up a new association can be vast and forces developers to allocate significant resources to this process. Our team has the acumen to guide you through the process from start to finish.
- Document review and design
- Budget development
- Preparation of all financial disclosures required to be included in the Association’s offering documents
- Calculation of developer guarantees and/or deficit funding requirements
- Cash flow projections and management
- Staffing plans
Construction: While this is the “working phase” it is also the most critical. Units are being sold and new perceptions of the developer are being formed and reinforced each day. At ING, we pride ourselves on providing excellent service to every resident and guest allowing for an unparalleled experience at the associations we manage. Furthermore, the foundation of our developer services lies within our reporting package. In addition to weekly operational updates, we provide vendor contracting services, cash flow modeling, and accurate deficit funding projections. As with everything else we do at ING, we customize the services to meet your needs.
Transition: At the ING we believe that this should be an exciting time in the evolution of an association, and we have designed a process that allows for a smooth transition. Our preparation begins well in advance of the turnover as we educate unit owners and set proper expectations. Most of the pitfalls we have all experienced in this phase can be avoided with proper planning and education. Once again, developer resources that would normally be dedicated to this process can be allocated elsewhere.