TEMECULA, Calif., Sept. 10, 2015 (GLOBE NEWSWIRE) -- Associa Equity Management & Realty Services' communities Park Lane at Loma Linda HOA and Heritage Ranch HOA have both been named to the AR Honor Roll by Association Reserves (AR), the trusted reserve study advisor to thousands of associations nationwide.
Association Reserves is a professional engineering consulting company that provides reserve budget and disclosure solutions for association-governed communities. Associations Reserves bestows the AR Honor Roll designation to communities' reserves funded at 70% or greater. Less than 1/3 of its client base earns this distinction.
Equity Management & Realty Services President Lisa Locke says "We're happy to be recognized by Association Reserves for achieving a strong level of reserve funding for these communities. Our reserve study has helped us understand the true cost of homeownership and how to plan accordingly for timely repairs and replacements to our common area assets."
"We're always delighted when our nonprofit association clients set themselves up successfully for the future," says Association Reserves founder and CEO Robert Nordlund. "We're honored to recognize Park Lane at Loma Linda HOA and Heritage Ranch HOA as Honor Roll members, and to be able to shine the spotlight on their significant financial achievement."
Building and managing successful communities for more than 35 years, Associa is the worldwide leader in community management with over 9,000 employees operating more than 170 branch offices in the United States, Mexico, Canada, the United Arab Emirates and South Africa. Based in Dallas, Texas, our industry expertise, financial strength, and innovation meet the unique needs of clients across the world with customized services and solutions designed to help communities achieve their vision. To learn more about Associa and its charitable organization, Associa Cares, go to www.associaonline.com or www.associacares.com.
CONTACT: Billy Rudolph +1 (214) 272-4107 email@example.com