This Fall, Gaughan opened Lighthouse Lofts Luxury Apartments, a new multi-family property in downtown Forest Lake, Minnesota. This 5-story, multi-use building is the newest luxury apartment community in the neighborhood. As General Contractor and Develope… [+ MORE ]
HOA Management Services
For streamlined, customized homeowners’ association (HOA) management, look to the experience and knowledge of Gaughan Companies. Our team provides operational stability and efficiency through our comprehensive management services and wide range of industry resources and relationships. We work directly with homeowners, vendors, government agencies, and more on behalf of the association board of directors, with the success of your community our top priority.
We understand that your time is valuable – and limited. Our online services provide tools for community members to access information at their convenience, including online assessment payment options, access to community information, homeowner educational benefits, and maintenance service requests. Additional online services include online board financial packets, collection of resident information and requests, and homeowner volunteer optimization.
Our extensive history as a developer provides the experience and knowledge necessary for the successful management of new communities right from the start. We offer project management services, can coordinate with the sales force, review draft audits, develop association guidelines and create community forms, establish service contracts, make staffing recommendations, organize annual meetings, and manage community turnover.
Education and Training
Knowledge is essential for a successful board of directors and a financially sound association. Our complimentary training sessions cover a variety of topics, including the role of the board, effective board meetings and Roberts Rules of Order, risk management, effective communication, revising rules and regulations, financials, working with committees, community meetings, and MCIOA (Minnesota Common Interest Ownership Act) updates.
Cost Saving Services
We continually develop new ways to provide cost containment options to our communities through preferred banking, cash flow forecasting, leveraged purchasing, contract review, vendor negotiations, benchmarking, energy audits, reserve studies, and more.
Property Transition Plan
We provide a streamlined, efficient property transition plan, beginning with a meeting with the board of directors, initial site visit, and review of both governing documents and financial statements. We’ll contact the current property vendors and review any in-progress projects. Additional transition services include transferring or opening bank accounts and obtaining property files from the previous management property; sending out a welcome letter to homeowners, along with a questionnaire to obtain updated information; and working with the board on a yearly schedule and long-range planning for the property.
Going Green Initiatives
Gaughan Companies works directly with our communities and homeowners to promote and preserve the environment through reducing energy costs, recycling and waste education, home conservation, EnergyStar solutions, water reduction programs, green site landscaping, and more.
" Making the move to owning our own space and renovating that space was the biggest thing that our non-profit agency has contemplated in its 40 year history. I had no idea how to begin the process. So when we met with Gaughan Companies, it was like a… "– Jeanne Walz, Executive Director Lakes Center for Youth and Families
THE GAUGHAN BLOG
Our team of commercial real estate professionals attended the 12th annual MNCAR Expo yesterday at The Minneapolis Depot. We were excited to share more about the projects that our construction and development teams are working on, while making new connecti… [+ MORE ]