2027 Condo Reserve Funding Changes: What Boards Need to Know A significant change is coming for condominium associations in 2027. Beginning January 4, 2027, updated Fannie Mae and Freddie Mac condominium lending standards will increase the minimum reserve funding benchmark from 10% to 15% of annual budgeted assessment income for applicable condominium projects. For [...]
Northeast Property Group Wishes you a Happy and Safe Memorial Day To report a non-emergency property issue, submit a request in your unit owner portal or please use the link below and a staff member will respond in the order messages are received. If there is a property emergency after hours or during the [...]
Northeast Property Group Wishes you a Happy and Safe Memorial Day As a reminder, the Northeast Property Group office will be closed on Monday the 30th in observance of Memorial Day. To report a non-emergency property issue, submit a request in your unit owner portal or please use the link below and a staff [...]
As of April 1, 20222, Northeast Property Group is offering all our condominium association homeowners and their representative Boards a private password protected Members-Only site which allows homeowners to view and pay their assessments, change personal information, download private Association documents, submit maintenance and architectural variance requests and more. If you previously used an [...]
Managing Data Centers in Connecticut As the number of data centers being developed, bought and sold throughout the United States rapidly grows to meet the demand of consumers and big data providers, Northeast Property Group is uniquely suited to provide full property management and leasing services to locations throughout Connecticut and Rhode Island thanks to [...]
Beginning October 15, 2019, new FHA guidelines will be put into effect for condominium associations across nation, with the intent of promoting affordability and the sustainability of home ownership within condominium associations. The Federal Housing Authority aims to achieve this goal with changes to several key areas, with perhaps the most significant one being the [...]
Northeast Property Group Wishes you a Happy and Safe Memorial Day As a reminder, the Northeast Property Group office will be closed on Monday the 27th in observance of Memorial Day. To report a non-emergency property issue, please use the link below and a staff member will respond in the order messages are received. [...]
FOR IMMEDIATE RELEASE August 3, 2016 Pawcatuck, CT High Tech firm, Applied Physical Sciences, officially cut the ribbon on it's newly leased 21,000 sq ft industrial facility in Pawcatuck, CT, while local and state officials stood by. Dan Barber, principal Broker for Northeast Property Group, represented the property owner in the lease. Applied Physical [...]
President Obama has signed H.R. 3700 – the “Housing Opportunity Through Modernization Act” into law, which makes the Federal Housing Administration’s certification process “substantially less burdensome” and will lower FHA’s owner-occupancy requirement from 50 percent to 35 percent, NAR has reported. The bill also requires the FHA to replace an existing policy on transfer fees with [...]
We would like to wish all our clients, vendors and business partners a happy and safe fourth of July
FOR IMMEDIATE RELEASE January 11, 2016 Pawcatuck, CT 99 Mechanic St Office Space Waukesha Bearings Corporation has relocated their regional engineering and sales offices from West Greenwich, RI and has leased 4,662 SF of Office space at 99 Mechanic Street in Pawcatuck, CT. Waukesha is a leading designer and manufacturer of [...]
FOR IMMEDIATE RELEASE November 19, 2015 Pawcatuck, CTÂ High Tech firm, Applied Physical Sciences, leases 21,000 industrial facility in Pawcatuck, CT Applied Physical Sciences Applied Physical Sciences Corp. a Research, Development and Engineering consulting firm with headquarters in Groton, CT has leased 21,000 SF of industrial and office space at 100 Mechanic Street [...]
Dear Friends and Clients: Happy 4th of July As we celebrate this Independence Day, we here at Northeast Property Group are appreciative of the good things in our lives which we owe to the principles of liberty and freedom in this great country. Thank you for being a valued and appreciated customer. We wish [...]
Update 2 1/27/2015 9AM: Forecast calls for 18"-28" in southeastern CT and less throughout the state. Travel ban is still in place through most of the state. Snow to lessen around noon. As of now snow accumulations are around 10" and only a handful of power outages. With heavy winds causing snow drifts, snow plowing [...]
On behalf of all the employees at Northeast Property Group, we would like to thank all our clients a healthy and happy new year. 2014 was an exciting year that kept us busy and focused on meeting and exceeding client expectations. We look forward to a new year of working with our new and existing [...]
For Immediate Release August 7, 2014 Windsor, CT: Addison Corporate Center Northeast Property Group, a New london based Real Estate firm providing Property Management and Commercial Brokerage Services, has been appointed "Master" by the State of CT Superior Court in Hartford to oversee leasing of a property known [...]
For Immediate Release New London, CT Northeast Property Group is pleased to announce the recent addition to its property management staff, Eric Myers. Eric graduated from Florida State University's Dedman School of Hospitality in 2004 with a major in Hospitality Administration, and a concentration in Professional Golf Management. Eric remains a Class-A PGA Professional. Over the last [...]
With summer approaching, here are some tips for keeping up your curbside appeal without increasing the amount of time or money you spend. Plus, it's better for the environment Don’t Trash Grass! Save Time and Money! Reduce Waste! Did you know that a ½ acre lawn in New England produces over 3 tons or nearly [...]
With a little easy home maintenance throughout the year, you can prevent emergency repairs down the line which will end up costing your or your association more money. For individual unit maintenance, experts recommend posting a task checklist in a convenient location, such as on the refrigerator or a corkboard. Maintenance is usually a lot [...]
There are many aspects to consider when evaluating a full service real estate company. Many clients have a broad range of real estate needs, ranging from leasing, brokerage, property management, property maintenance and real estate accounting. Finding one company to service all those needs requires a diverse set of skills that should be backed by [...]
