Serving the Carolinas

Association Reserves has been professionally conducting Reserve Studies in the Carolinas since 1995. Due to an increasing volume of work in the region, the North Carolina office was established in order to better serve the needs of our clients. Whether your association is a downtown high-rise, a townhome community, a single-family home development, or a one-of-a-kind resort property on the coast, we have the resources and experience to help you plan now to prepare for your future. We are also aware of the local weather conditions and environmental impacts on your Association’s assets. We are pleased to be able to serve the Carolina region locally and continue to meet the needs of our current customers.

Our Team

Robert Nordlund, PE, RS

Founder/CEO

David Whann, MBA, RS

Director of Operations

Frank Moody

Project Manager

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
$499

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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Robert Nordlund, PE, RS

President

A registered professional engineer, Robert has been involved in the Community Association industry since 1982. Robert founded Association Reserves, Inc. in 1986 and has pioneered many widely used reserve funding concepts. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #5. Robert was involved in creating the 1998 National Reserve Study Standards and has greatly influenced the Reserve Study industry. He is a past Chairman of CAI’s Reserve Professionals Committee, past Chairman of the Association of Professional Reserve Analysts, and past President of the Community Association’s Institute (CAI) Greater Los Angeles Chapter. Robert regularly writes on the topic of Reserve Studies and is a frequent speaker in industry-sponsored seminars and presentations throughout the United States. He is often called to serve as an expert witness in litigation involving reserve issues.

CREDENTIALS

CAI Educated Business Partner

David Whann, MBA, RS, EBP

Director of Operations

David Whann, MBA, RS, EBP joined the Association Reserves – FL 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 the University of South Florida. 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). David’s other responsibilities include the development of internal tools and systems to ensure our studies are accurate, comprehensive, and consistent with the latest industry trends and knowledge.

Frank Moody

Project Manager

Frank Moody, joined the Association Reserves team as a project manager in 2022. He earned a Bachelor of Science degree in Business Administration from Auburn University at Montgomery. While earning his degree, Frank worked for River Region Property Management where he worked his way up to a managerial role and eventually took over as a partial owner. While working for and owning the small business, Frank gained meaningful relationships with over 200 clients that stuck with him throughout his
tenure there. After living much of his life between the cities of Montgomery and Auburn, Frank moved to Charlotte, NC in June of 2022 where he now resides. Since working for Association Reserves, he has prepared reserve studies for a variety of different properties from high-rise associations to island communities. Frank is currently working towards earning his Reserve Specialist credentials through CAI.