In just nine months, an association in Largo, Fla., went from more than $350,000 in delinquencies–and near-collapse–to having reserves in the bank. Here, we speak with board member Scott Simms about how Venetia righted its sinking ship by getting non-recourse capital from LM Funding in exchange for giving LM the right to keep interest and late…
FL: Workers Try To Save Sinking Condos
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network
Workers are using boulders to help reinforce the banks of a canal behind a sinking condominium complex
FL: Residents still displaced from sinking property
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network
Residents are enraged and searching for answers almost a week after their homes nearly collapsed into a canal.