The Wellington Chamber of Commerce recently held a ribbon-cutting ceremony for CAMS Association Management, located at 1037 State Road 7, Suite 302 in Wellington.
If you are looking for a management company for your community that’s professional, has 50 years of management and accounting experience due to its owner alone, is well insured, and has an educated staff, take a look at CAMS Association Management.
George Reiter is president of CAMS Association Management. He was born in Cleveland, Ohio, and moved to Florida in 1958. Reiter went to high school in Jupiter, and went on to attend several colleges, including Jacksonville University, the University of Florida, Florida Atlantic University and the University of Miami. His studies focused on accounting, management and teaching.
After finishing school, Reiter became an accounting teacher and started a small accounting practice. Then in 1970, he took a bookkeeping job, and six months later a managing position at Chateau Chaumont in Palm Beach, which he still manages today.
Reiter soon noticed that there weren’t a many community managers or community management companies around, and the managing industry was picking up. Because he was taking on more clients for himself, Reiter left his teaching position and sold his accounting practice.
“I discovered I was not one to sit behind a desk eight hours a day,” he said. “That’s not for me. So with association management, I got to do some accounting, some management, and I didn’t have to stay behind a desk.”
Reiter had many years of management experience working with various companies, and CAMS Association Management was established 14 years ago with the help of partner Mark Kassal. Reiter and Kassal have been in business together for 30 years. CAMS Association Management specializes in homeowners associations, condominium owners associations and cooperative associations. Most properties they manage are located between Palm Beach Gardens and Boca Raton, with dwelling units per community ranging anywhere from 15 to 4,437 units. They have 55 clients and employ between 60 to 70 people.
Reiter noted that his company has proper insurance, such as general liability, bonding, vehicle and worker compensation, which he stressed is very important. Reiter said there are many smaller management companies working that do not keep adequate insurance or provide proper service.
“On our staff, we have two professional community association managers; that’s a designation that’s earned through the Community Associations Institute,” Reiter said. “We also have three more managers on track for their PCAM designations. I have that designation, too, as well as others.”
Reiter added that his company is active in the Community Associations Institute, sitting on its legislative alliance and helping to shape laws in its industry.
“One of the things that make us a little different is that everyone in the office has a working knowledge of the industry,” Reiter said. “Lisa, our office administrator, is a licensed community association manager. Our vice president of the accounting department is a licensed community association manager. Everyone here who needs it has working knowledge. And we encourage our bookkeeping department to pursue that as well.”
For more information about the Wellington Chamber of Commerce, visit www.wellingtonchamber.com or call (561) 792-6525.
ABOVE: CAMS Association Management President George Reiter (holding scissors) joins Wellington Chamber ambassadors for a ribbon-cutting ceremony.