Learn About Lundgren Management HISTORY
The Lundgren Management
Group, Inc. is a diversified property management
company created in 1985. Kevin Kelliher, CEO, sought to
combine his expertise in real estate sales and development with
proven management techniques by forming a new company dedicated
to the management of residential and commercial real estate.
In 1997 The Lundgren Management Group, Inc. procured Advantage
Management, a small condominium management firm. The merger of
these two companies added additional portfolio properties and
property management staff with a wealth of experience.
PROPERTY
MANAGEMENT SERVICES
We offer the following property management
services:
Arrange and oversee all of
the day-to-day operations of the property.
Provide a 24-hour emergency
service.
Provide a 24-hour emergency
maintenance staff.
Create a continuing building
and grounds maintenance program.
Create and update a Management
Plan.
Obtain and create contracts
for all necessary goods and services, create specifications
and obtain bids for necessary contractual services.
Inspect
the property on a predetermined schedule for defects, improvements
and overall operations; notify the Association of recommended
improvements or changes.
Maintain up-to-date association
records to include all condominium documents, correspondence,
contracts, insurance, financial records and maintenance records.
Provide an annual review of
insurance coverages and cost.
Provide an annual review of
current and future concerns for budgetary purposes.
Supervise and coordinate major
repairs and improvements.
Train and supervise on-site
staff.
CONDOMINIUM TRUST MANAGEMENT
SERVICES We offer the following
trust management services:
Attend association meetings;
prepare and distribute minutes to all meetings.
Attend annual
association meeting.
Obtain and register all necessary
association documentation.
Advise ad-hoc committees.
Educate trustees on condominium
management techniques and ongoing changes in the field of real estate.
FINANCIAL MANAGEMENT
SERVICES
We offer the following financial management services:
Provide a business address
for all bills and receipts.
Prepare an annual financial
statement for tax purposes.
Prepare an annual budget
and reserve schedule for association approval.
Provide monthly
statements of financial position including accounts receivable,
accounts payable, disbursements, budget versus actual figures
for current period as well as year-to-date and variances on
the same.
Arrange for all association
checking and reserve accounts.
Oversee the collection of
condominium fees.
Provide lockbox service for
condominium fee remittance.
Review all delinquent condominium
fees according to association policy for possible attorney
collection procedures or implementation of various new collection
laws.
Pay all bills.
Provide financial
resale documentation including 6(d) and insurance certificates.
Perform a monthly reconciliation
of association’s bank-statements.
CONSTRUCTION MANAGEMENT SERVICES
We
offer the following construction management services:
Orchestrate
building renovations and major improvements.
Supervise and
oversee projects from start to finish including permitting,
zoning, etc.
The Lundgren Management Group Incorporated • 121 Captain's
Row • Chelsea,
MA 02150 • (617) 887-3333
