CAP Management

CAP is is an independent, local management company and always has been. And, we're now officially a "Certified Independent Management Company" with the CAM Leadership Institute.

No M&A, no venture capital, no corporate ownership: we're a Colorado company, through and through, with no plans to change that.

A few snapshots of our HOA Compliance Guide to Denver's recycling and compositing ordinance, hosted at the Alliance Center Downtown.

Many HOAs are looking to understand how to comply with this new, consequential ordinance, known as "Waste no More." We were excited to host this informative event, allowing board members to connect with industry experts and representatives from the City. Our valued partner presenters included Scraps, Summit Waste & Recycling, Waste Management, Waste Solutions, and Apex Waste Solutions. Thank you again to everyone who made this important leaning session possible! To any HOA residents looking to learn more, you can reach us via our website: https://lnkd.in/gTnnKgmg

In case you missed it, you can view the full presentation here: https://lnkd.in/guKTHmNa

Our very own Aaron Monaco has drafted a thoughtful and comprehensive piece regarding a consequential, imperfect law affecting the operation and funding of HOAs statewide. We encourage anyone living in an HOA or associated with the industry to give it a read, and follow CLAC's important work lobbying on behalf of HOAs, and thereby homeowners, in our state!

HB22-1137 Impact on HOA Management in Colorado | Colorado Legislative Action Committee (CAI CLAC) posted on the topic | LinkedIn The Long-Term Impact of HB22-1137 of HOA Management in Colorado The passing of HB22-1137 harkened a new age in HOA community management in Colorado and was met with widespread concern. Managers, attorneys, and boards have learned to adapt to the restrictions that were created by this legislation, an...

CAP is excited to welcome Metro Lofts to our portfolio.

The condominiums at Metro are two-story homes with vaulted, light-filled livingrooms. Many units enjoy large patios and balconies to relax outside. The community boasts lovely outdoor common space and exterior walkway access points on the second and third floors. It is an iconic example of an original Golden Triangle condominium development, who, along with communities like Century Lofts, The Prado, and Belvedere are now surrounded by new-build high-rises in this fast-growing neighborhood.

We're thrilled to be working together and representing such a unique Denver HOA!

*Reminder*

CAP is hosting another "Board Member Boot Camp" this coming Monday, October 20th! There is still time to reserve a spot for this free, hybrid event.

The boot camp is for any board members with questions about the industry, their property, legal and insurance, Roberts Rules, and more. This edition will have particular focus on annual meetings, high-rise management, the insurance landscape, and association policies. We'd love to see you there, virtually or in-person!

Register and learn more: https://tinyurl.com/yfkjmks9

CAP is excited to share that we have renewed our certification with the Green Business Network of Colorado at the gold level (up from silver) - the highest certification in this important program.

We are proud to join a list of other dedicated businesses here in our wonderful state who are also improving their sustainability - check them out here: https://lnkd.in/gAda66KS

Learn how your business can join the CGNB community at: https://lnkd.in/eMTSsXzm

CAP is honored to be a sponsor of We Don't Waste's mobile food markets and to volunteer when we are able to this wonderful program. This week, a few of our valued clients also joined to help distribute food and childcare essentials to families in need.

This fantastic non-profit helps address several confounding problems: food waste, landfill emissions, and food insecurity. As much as 40% of all food in the United States goes uneaten. Worse, when it ends up compacted in a landfill, it takes years to break down, and that long underground decomposition process results in harmful methane emissions. We Don't Waste collects this food and distributes to families and individuals through various channels, including these recurring physical markets. You might be shocked to learn that the food they distribute includes glowing fresh berries and vegetables, choice meats, and ready-made meal packages. Seeing the volume and quality of food they kindly gather and re-distribute puts these challenges into perspective.

The TLDR is that this program diverts good food from the landfill and puts in on the table of local residents in need. You can donate to this program here: https://www.wedontwaste.org/donate/

We are grateful that we're able to help in our own small way as members of the community and look forward to doing so whenever we are able. Thanks again to We Don't Waste for all they do, and for those HOA Board Members who joined us on Friday.

CAP is excited to welcome the Lofts at Central Park to our portfolio!

This 37-home mid-rise community abuts a lovely oval-shaped park, with fine restaurants and shops around it. The park also hosts a picturesque summer concert series.

This community came to us needing help considering how to address deferred maintenance with a clear and thoughtful approach - focusing on smart financial planning and minimizes the financial impact on owners while allowing the HOA to get to work. The community is also part of a (much) larger "master" HOA, with 7,000 total homes. We think this is an especially cool example of urban living in Central Park and a place that many of our staff have said they'd be excited to call home!

Attention Small HOAs under 25,000 Square Feet: This year marks the first in which smaller buildings must begin to comply with Energize Denver.

While overall requirements are less rigorous compared to larger properties, small buildings do need to take action to avoid fines: at minimum reporting to city regarding your energy usages. CAP's responsibility is to help all our clients avoid penalties for non-compliance via the most sensible routes possible for each HOA.

The good news is, your HOA may be on its way to compliance. Some example of ways to comply include:

- LED lighting: ensure 90% of energy consumed by lights are provided by LEDs (including in-unit bulbs)
- Renewable energy: 20% of total building electricity is offset by renewables like solar or wind.
- 15% energy reduction: The building implements a project that reduces building energy use by at least 15%.
- For HOAs specifically: 100% of common area electricity is offset by renewables AND 100% of common space lighting is LED and motion-sensored (where allowed by Fire Code)

The exact deadline for compliance depends on your specific property square footage. Buildings 15k - 25k must comply by December 31st this year. However 10k - 15k have until December 2026, and the smallest, 5k - 10k, have until the end of 2027.

This is a lot to make sense of, and compliance is not entirely straightforward: each HOA is going to make its own unique choices.

We're here to help. If your community is in need of guidance around this ordinance, please contact us! We'd be happy to assist.

New HOA Announcement:

CAP is excited to welcome Monarch Mills to our management portfolio!

Built in 2005, this eight story building is in an iconic LoDo location, with access to the pedestrian walkways along 15th Street, giving it unbeatable walkability plus the privacy and quiet of an urban cul-de-sac. The location is made doubly impressive as it shares a footprint with our Museum of Contemporary Art. It is one of Denver's more unique and desirable properties, perhaps quietly so.

We're excited to start working with this example of our city's best urban developments and to serve this mid-rise community as the HOA considers various opportunities and addresses the inherent challenges that multi-story properties face.