Customizable Management for Smaller Strata Communities

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As a result, most smaller strata councils end up doing everything themselves, even though their legal obligations are the same as larger stratas: contingency reserves, Annual General Meetings, bylaw enforcement, and depreciation reports.

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The result is often volunteer burnout, compliance gaps, documents lost on personal computers, and maintenance issues missed until they become much more expensive to fix.

Converge Condo Management was created to fill this gap.

Created by Certified Professional Accountants specifically for smaller strata communities, they currently manage over 7,000 units across western Canada.

Strata councils get professional-grade infrastructure without full-service costs. And it’s modular and flexible, allowing communities to choose what they need, and add other services as they grow or their needs change.

Coverage Condo’s focus is on communications, finances, and maintenance, the three areas most small strata communities have problems with.

They offer access to preferred vendor networks, and group purchasing power, making maintenance easier and more affordable. And their central digital hub makes it easy for owners to access notices, meeting agendas, and other information.

All of this is especially important in Nanaimo, one of the fastest-growing mid-size cities in B.C.

As condo and townhouse development accelerates, and as affordability pushes more buyers towards strata-tiled properties, more small strata buildings are coming online with no proportional increase in the volunteer pool to run them.

Meanwhile, the regulatory environment is tightening, as strata councils that used to defer difficult decisions are now required by law to plan ahead, creating reserve funds and depreciation reports.

With these changes in the local situation, it’s more important than ever for a strata council to have good management.

Instead of choosing between expensive, professional or do-it-yourself, Nanaimo residents who call a condo or townhouse home can choose Converge Condo Management.

With customizable and affordable management specifically designed for smaller strata communities, it’s already working for thousands of doors across Vancouver Island.

For more information about Converge Condo Management, visit www.convergecondo.com or email info@convergecondo.com.