HOALive: How Corporate Investors Are Impacting High-Rise Condos
Corporate investors buying units in high-rise condominiums can lead to several challenges such as low meeting attendance, failure to make quorum, and collecting assessments. Presenter Mitch Drimmer, gives managers valuable knowledge to help deal with the problems absentee homeownership can cause and explain the benefits of leveraging technology to maintain cashflow.
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Axela Technologies is a collections technology platform that specializes in helping community associations recover delinquent assessments. Through the automation of much of the standardized collections process, the Axela platform reduces the cost of outreach and engagement. Axela leverages a multi-channel, digital-first approach to collections, providing transparency and efficiency for all stakeholders. To learn more about Axela, visit axela-tech.com.