Associa Communities to Utilize Building Reserves' Studies

CHICAGO, Oct. 6, 2016 (GLOBE NEWSWIRE) -- Building Reserves, Inc. proudly announces a partnership with Associa as the firm's preferred reserve study provider. As a new valued partner in the Associa Advantage program, Building Reserves will provide customized, easy-to-read reserve studies and long-term capital plans for Associa-managed communities' infrastructure and common components. Building Reserves will begin serving Associa communities located in the Great Lakes and South/Southwest regions of the country.

Building Reserves' reserve studies include an in-depth analysis of a property's physical condition, an evaluation of the financial health of the community's reserve funds, detailed lists of property components, replacement cost estimates, prioritized replacement schedules, and customized funding plans. In addition to reserve study services, Building Reserves will also be providing Associa-managed communities with 360-degree panoramic videos of common amenity areas.

"We're proud to partner with Building Reserves and its reputation for reasonable and reliable customized reserve studies that we feel can greatly benefit many of our managed communities," says Associa Advantage President Jennifer Shannon. "This service enhances Associa's commitment to providing unsurpassed service to our customers."

Reflecting on the new partnership, Building Reserves CEO Kevin Bobb remarks, "We are truly passionate about our work and we believe that this shows….in our attention to detail, our outstanding customer service, and our valued long-term client relationships. We are excited to bring this high level of service to Associa-managed communities."

About Associa

Building and managing successful communities for more than 37 years, Associa is the worldwide leader in community management with over 10,000 employees operating more than 180 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 or

About Building Reserves, Inc.

Headquartered in Chicago, IL, Building Reserves, Inc. is a professional reserve study provider serving HOAs, townhomes, condominiums, mid-rise & high-buildings, and a wide variety of other building typologies, both domestic and abroad. Building Reserves' studies are easy-to-read and are uniquely tailored to individual communities, to provide valuable insight into the health of associations' reserve funds. Professional building reserve studies are ¬¬one of the most proven means to ensure that communities are properly funded for all future capital repairs and replacements. For additional information about Building Reserves, Inc., visit

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CONTACT: Billy Rudolph 214-272-4107

Source: Associa