Serving Florida & the Southeast USA

Association Reserves began preparing Reserve Studies in Florida in 1992 and has developed a unique understanding of the needs of community associations throughout the Southeast U.S. and the Sunshine State. Whether your association is an oceanfront high-rise, a townhome or single-family home development or a one-of-a-kind resort property, we have the resources and experience to help you plan for the future. We are proud members of the Community Association Institute and other industry organizations, and have developed a strong reputation among management companies, accounting and law firms and other industry professionals for our accurate, comprehensive and user-friendly Reserve Studies. For our efforts, we have been chosen as a Readers’ Choice Award winner by the Florida Community Association Journal each year from 2013 to 2019. Every Reserve Study we conduct incorporates our knowledge of local pricing and other regional factors, and satisfies both state requirements and National Reserve Study Standards. From the Keys to the Panhandle, we aim to be Florida’s first choice for Reserve Study services.

Our Team

Will Simons, RS, EBP

President

Abe El-Masri, P. Eng, RS, EBP

Territory Manager - Southeast

David Whann, MBA, RS, EBP

Director of Operations

Susan Farrell

Client Services Manager

Joshua Hardin, RS EBP

Territory Manager - Southeast

Matthew Straley, RS, EBP

Territory Manager - Southeast

Structural Integrity Reserve Study Information

Need a Reserve Study Proposal?

Our Services

We offer a range of services to meet every budget and need. We focus on high quality and to exceed expectations with each Reserve Study and professional service.

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Which Level of Service is Right for My Property?
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What Happens Next?
Level of Service Site Visit Measurements Component List Condition Assessment Photographs Price
Reserve Study- Full
Yes
Yes
Created from Scratch
Yes
Yes
$$$
Reserve Study Update- With Site Visit
Yes
No
Updated from Prior Report
Yes
Yes
$$
Reserve Study Update- No Site Visit
No
No
Updated from Prior Report
Yes
No
$
Do-it-Yourself Reserve Study Kit
No
No
Provided by Client
No
No
$349

We work with all types of properties

Association Governed Communities

Association Governed Communities

Condos, Co-ops, HOAs, POAs, PUDs, Townhomes, etal.

Vacation Ownership Resorts

Vacation Ownership Resorts

Timeshares, Fractionals, Travel Clubs, & Vacation Clubs

Municipalities & Commercial Properties

Municipalities & Commercial Properties

Governments buildings & facilities at the federal, state, county and city levels as well as commercial or mixed use developments

Worship Facilities

Worship Facilities

Properties owned by any faith community

Schools, Colleges, & Univesities

Schools

Private and public schools, school districts, colleges and universities

Camps, Retreats & Charitable Organizations

Camps, Retreats & Charitable Organizations

Day camps, overnight camps, retreat centers, and properties owned and maintained by any charitable organization

Private Clubs & Recreation Centers

Private Clubs & Recreation Centers

Club or organization that owns and maintains property as well as private or public recreation centers

Other Types of Properties

Other Types of Properties

Our Reserve Studies Clearly Spell Out What Needs to be Reserved for, Evaluate the Strength of the Current Reserve Fund and Recommend a Funding Plan

Every Reserve Study includes Three Key Results

COMPONENT LIST- detailing the scope and schedule of all Reserve Projects

CALCULATION OF RESERVE FUND STRENGTH (%-Funded)

CUSTOM FUNDING PLAN going forward that allows for timely repairs & replacements with an emphasis on avoiding supplemental funding sources

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Will Simons, RS, EBP

President

Will Simons, RS, EBP joined the Association Reserves team in 2008 after spending time in the insurance and commercial real estate fields. He has since completed or overseen more than 1,800 Reserve Studies and earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #190). He is also a Florida-licensed Continuing Education Provider (#0005433) for Community Association Managers. Will’s experience includes all types of condominium and homeowners’ associations throughout the southeastern United States. His clients have ranged from modern, luxury high-rises to homeowners’ associations representing thousands of homes. Will has also provided Reserve Studies for many timeshare/fractional properties, resorts, schools, marinas, country clubs, historic properties, and commercial developments. A frequent author and speaker on the subject of Reserve planning, he also served as the Treasurer and Vice President of his own HOA for six years, representing a community of over 600 homes with a budget exceeding $1 million. Will holds a bachelor’s degree in Business Administration from the University of Southern California.

OTHER CREDENTIALS

CAI Educated Business Partner

Abe El-Masri, P. Eng, RS, EBP

Territory Manager - Southeast

Abe El-Masri, P. Eng, RS, EBP joined the Association Reserves team in 2017. He holds a Bachelor’s of Science Degree in Civil Engineering from University of Calgary, Canada. After working with the Department of National Defence (Canada) in the Construction Engineering division, Abe worked at a reputable engineering firm in Canada before relocating to south Florida. Prior to joining our team, Abe worked as a Project Engineer for a local construction firm. In that role, he took on numerous responsibilities including assisting senior engineers in the construction field, monitoring project schedules, production, cost estimation and value engineering, just to name a few. Abe earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #368) and is currently working towards obtaining the PE (Professional Engineer) License in the State of Florida.

David Whann, MBA, RS, EBP

Director of Operations

David Whann, MBA, RS, EBP joined the Association Reserves team in 2016, and now represents Association Reserves as the Director of Operations. A lifelong Florida resident, David obtained both his Bachelor’s Degree in Accounting and Master’s Degree in Business Administration from University of South Florida. David combines an analytical, problem-solving mindset with a passion to both educate and serve each client to the highest quality. He has prepared Reserve Studies for a wide range of property types, from luxury high-rise properties to sprawling single-family home communities. David earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #369).

Susan Farrell

Client Services Manager

Susan Farrell joined the Association Reserves team as a Client Services Coordinator in 2019. She earned her Bachelor’s degree in Business Administration from Reinhardt University and has more than 20 years of experience working in a corporate environment. Prior to joining our team, Susan spent over 10 years as a Senior Administrator for the International Executive Services practice at KPMG.

In her current role as Client Services Manager for the Florida office, Susan enjoys interacting with clients and team members alike. A native of New Hampshire, she now lives in the greater Atlanta area with her husband and daughter.

 

Joshua Hardin, RS, EBP

Territory Manager

Joshua Hardin, RS, EBP joined the Association Reserves team in 2019. Joshua earned a Bachelor’s of Science Degree in Industrial Engineering from Clemson University, after which he spent several years climbing the ranks in the manufacturing industry. Joshua has held multiple managerial roles in a Fortune 500 solutions-based company where he led process improvement, day-to-day operations, and customer satisfaction. He combines a technical mindset with thorough attention-to-detail and follow-through, focusing on client success as the first and final goal. Josh has earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #415).

Matthew Straley, RS, EBP

Territory Manager

Matthew Straley, RS, EBP joined the Association Reserves team as a Project Manager in 2019. He earned a Bachelor’s of Science Degree in Mechanical Engineering from the New Mexico Institute of Mining and Technology. Prior to joining our firm, Matt worked in construction, manufacturing, and technical sales. In his prior project management roles, Matt oversaw construction for stucco, EIFS, drywall, and framing projects. As a Sales and Manufacturing Engineer, Matt was instrumental in designing and developing positive rapport with customers through excellent communication and customer service. He brings an analytical mindset and an empathetic outlook into his work. Matt has earned the Community Associations Institute (CAI) designation of Reserve Specialist (#416).