April 4, 2024
2 min read

The Maintenance Manager: Robert Nordlund

Join Dave for a wide-ranging conversation with Robert Nordlund, President & Founder of Association Reserves, boasting over four decades of experience in the Community Association Industry. Hear Robert’s journey from working on the Challenger space shuttle to founding Association Reserves and pioneering many widely used reserve funding concepts. Robert discusses his company’s involvement with Champlain Towers South, the influence of insurance and federal agencies like Fannie Mae and Freddie Mac on HOAs and provides a very detailed understanding of the new Reserve Study Standards update.  

00:00  Introduction

01:31  Robert Nordlund's Background & Career Shift Post-Challenger Disaster

05:19 Robert’s Involvement in CAI

09:55  Discussion on the Champlain Towers Collapse & Its Implications

13:17  Understanding the Condo Business Model Challenge

19:41  Board Member Education

22:00  The Power of Insurance & Federal Agencies

25:28  Fannie Mae & Freddie Mac Implications on HOAs

28:19  Breakdown of the New Reserve Study Standards Update

33:48  Understanding Technology Tools - UPlanIt & FiPHO (HOA FICO Score)

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