Edgewater Beach Resort Management, Inc., the management company for The Resort Collection of Panama City Beach, recently joined the elite group of community association management companies who have earned the Accredited Association Management Company (AAMC) designation from the Community Associations Institute (CAI). Edgewater Beach Resort Management, Inc., is one of only 140 management companies nationwide who have earned the highest level of professional recognition in the community association field.
Edgewater Beach Resort Management, Inc., manages a total of 1664 condominium units, including 53 commercial units. The accreditation process took more than two months to complete. “This was a great exercise for our staff; the accreditation process is indepth and challenges you to look at the way you operate,” said Mike Wray, vice president of association management.
CAI is a national organization dedicated to fostering vibrant, responsive, competent community associations. Some 57 million Americans live in the nation’s estimated 286,000 association-governed communities.
To earn the AAMC distinction, management companies need three years of experience in community association management and at least 50 percent of their managers must have earned professional designations. Edgewater Management has over 25 years of experience and has two Professional Community Association Managers (PCAMs) on staff. The PCAM credential is the highest CAI designation that can be earned by an individual manager.
Professional managers provide administrative, operational, and managerial counsel to community association boards. They typically are responsible for managing budgets and contractors, directing association personnel, and overseeing compliance with association covenants and restrictions.
CAI has more than 55 state, regional, and local chapters and more than 28,000 members, which include community association volunteer leaders, community managers, management companies, and businesses that provide products and services to communities.Print Story