Building VALUE through management excellence
Many people are concerned that the new Fannie Mae and Freddie Mac requirements, effective March 18, 2026, will make condo living more expensive because associations beginning in 2027 must fund Reserves at a minimum of 15% of the total budget instead of 10%. Others have asked whether these changes will fundamentally affect how Reserve Studies…
Condominium associations across the country are facing a difficult reality: insurance premiums are increasing at an unprecedented pace. In Southern Maryland and the surrounding region, many condo associations are seeing renewal increases ranging from 20% to as high as 60%—and in some cases even more. While claims history can certainly impact renewal pricing, today’s insurance…
As part of our ongoing commitment to keeping our communities informed and prepared, we have developed a comprehensive report on the current insurance market as it relates specifically to condominium associations. Over the past several years, the insurance industry has experienced significant shifts driven by increased claims, rising reconstruction costs, and changes in underwriting standards….
As the days get longer and temperatures begin to rise, spring is finally starting to show its head. After a long winter, this is the perfect time to step outside, take a fresh look at your home, and start thinking about seasonal maintenance and curb appeal. Just as spring cleaning inside your home helps create…
Snow Removal Budget Planning Guide Winter weather remains one of the most unpredictable and challenging expenses for homeowners and condominium associations. Snow and ice events can consume an entire season’s budget in a matter of days, making long-term planning essential for financial stability and operational readiness. To help boards plan more effectively, Blackstone Management has…
Snow removal is one of the most critical — and most unpredictable — winter expenses for community associations. Boards understand that snow and ice management is a safety obligation, not a luxury. At the same time, a single major storm can quickly strain or even exceed a snow budget. The good news? With proactive planning,…
Anew survey by the Foundation for Community Association Research identifies aging infrastructure as a critical concern for community managers, boards members, and residents. Water intrusion, deteriorating balconies and fences, failing pipes and roofs, as well as plumbing and electrical issues often show a building’s age. As buildings’ internal systems and physical components age, how can community associations best prepare…
The 2025 fiscal year ended on Sept 30. The Antideficiency Act prohibits federal agencies from obligating any money without an appropriation from Congress. Any period when appropriations are not enacted into law, either through regular appropriations bills or a continuing resolution, is known as a “funding gap.” This gap results in a partial federal government…
Every community faces it: the temptation to put off maintenance. It seems like an easy way to save money, right? That fresh coat of paint can wait. The HVAC check-up can be skipped this year. But this practice, known as deferred maintenance, can lead to big problems down the road. While it might seem like…
Each year you receive a draft of the proposed budget for review and comment. A lot of work goes into preparing the budget. It’s a complex activity that has to start early so the budget can be finalized and approved prior to the beginning of the new fiscal year. Here’s how we do it: The…
The curb appeal of our community depends on each resident maintaining his or her property as completely as possible. For those who keep their homes and yards well maintained, the association thanks you for your efforts and good examples. We encourage all residents to pay particular attention to the following maintenance items. -Exterior paint. Paint…
What’s the difference in a board meeting and a special meeting, or an annual meeting and a town meeting? Confused? Here’s some clarification. Annual Meetings Annual meetings—or annual membership meetings—are required by our governing documents, which specify when they’re to be conducted and how and when members are to be notified about the meeting. This…
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Blackstone Management Supporting communities in Virginia, Maryland, and the Washington DC metro since 2007.
Waldorf, MD
8 am to 5 pm M-F
Copyright 2026, Blackstone Management, LLC. All Rights Reserved.
Blackstone Management Supporting communities in Virginia, Maryland, and the Washington DC metro since 2007.
Waldorf, MD
8 am to 5 pm M-F
Copyright 2026, Blackstone Management, LLC.
All Rights Reserved.