Shawmut - MA, NH, ME Condo Property Management

Shawmut Helps Large Residential Condominium Complex Recover From Winter Damage

For Immediate Release: April 2, 2009

NORTH ANDOVER, MA, April 2, 2009 -- Shawmut Property Management, LLC (www.shawmutpropertymanagement.com), a full-service property management company that services Massachusetts and New Hampshire, today announced that it has entered into the second phase of a project in Nashua, NH, for a large condo association, after successfully completing the first phase.

Shawmut Property Management of Massachusetts was hired in late 2008 by a 496 unit, residential condominium complex in Nashua, New Hampshire, to remove significant ice and snow from approximate 150 condominium units. For a second year in a row, New Hampshire experienced a winter that had more snow and ice than normal. "Our maintenance department works with ice dams every year, and has developed a special method of removing them and opening channels to have the water flow away from the roof," said Andrew Raynor, President and CEO of Shawmut Property Management. "In addition to our proven system to remove ice dams, we have lifts and other equipment to reach and remove the snow and ice quickly, and with minimal impact on the roofing material," noted Raynor. Shawmut Property Management was able to perform the project for $25,000 less than the previous property management company that the condominium association used the year before.

As a result of the successful ice and snow removal project, the condominium association hired Shawmut Property Management to oversee the repair work to the interior of the condominiums that sustained water damage from the ice dams prior to their removal. Shawmut Property Management will coordinate with the master insurance company to evaluate the damages inside of each unit. Once the insurance adjuster has finished the claim adjustment, Shawmut Property Management will review the claim to ensure the damage cost assessment will adequately pay for the work needed inside each unit. Shawmut Property Management will re-negotiate with the insurance company, if necessary, and then present the final costs to the condominium association Board for final review.

Once the condominium board approves the list of work to be performed, Shawmut Property Management will coordinate interior repair schedules with the owners of each condominium unit. Repairs will include drywall repair, trim repair, priming and painting of walls. In some homes, repairs will also include electrical repair to damaged fixtures.

About Shawmut Property Management, LLC

Shawmut Property Management is a full-service management company that offers comprehensive and responsible management to communities throughout Massachusetts. Shawmut's principal owners are Real Estate professionals with more than 25 years of combined experience. Shawmut's in-house maintenance and management team is complemented by an extensive network of industry professionals, developed over years in the business. Shawmut and its staff have been involved in the management of properties ranging from 10 to 500 units. Shawmut Property Management is an accredited Better Business Bureau member with an A+ standing.

Contact
Shawmut Property Management, LLC
Andrew Raynor
President and CEO
800-303-4030 ext 111

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