SAN FRANCISCO – San Francisco-based CitiScape Property Management Group LLC has been named an Accredited Community Management Firm (ACMF) by the California Association of Community Managers (CACM). The ACMF accreditation places CitiScape Property Management among the elite community association management firms in the industry.
CitiScape Property Management, founded in San Francisco in 1999, is a full-service property management firm offering association management services in San Francisco and the greater Bay Area. Under the leadership of President Nick Berg, CitiScape Property Management has become one of the largest property management firms in the Bay Area and is the largest manager of residential condominiums in San Francisco. The company currently manages more than 100 homeowners associations representing more than 5,000 condominiums.
Companies with the ACMF designation have met strict risk management, education and insurance requirements. Each company earning the designation must submit to an independent CPA review to demonstrate they adhere to accounting standards for risk management practices and internal financial controls. In addition, each community manager at the company must hold the Certified Community Association Manager (CCAM®) certification, which encompasses California law and ethical standards of practice for community association management in California.
ACMF companies must also maintain all necessary insurance coverage to protect the interest of the firm’s HOA association clients, including general liability, fidelity insurance and workers’ compensation. Finally, the firm must maintain their ACMF accreditation every three years through a renewal process.
The ACMF program was developed by CACM to provide community association management firms operating in California with state-specific standards for professional business practices, accountability and self-regulation. California features the most complex body of law governing common interest developments in the United States, with more than 1,200 laws currently in effect.
“Companies that have earned the ACMF accreditation have met the highest standards of practice for managing communities in California,” said David Zepponi, president and CEO of CACM. “By achieving the ACMF status, management firms are able to create an atmosphere of mutual trust between board members, homeowners and management. We congratulate CitiScape Property Management on this achievement and applaud their commitment to providing the very best in property management for their HOA clients.”
About California Association of Community Managers (CACM)
Based in Laguna Hills, Calif., CACM is the only community association management organization in the nation to offer a California-specific educational program leading to the designations of Certified Community Association Manager (CCAM) and Master of Community Management (MCAM) for industry professionals. CACM’s membership is composed of nearly 3,000 California-based professionals from the community association management industry. California is home to more than 50,200 associations, making it a multi-billion dollar industry for the state. For more information on CACM, please visit www.cacm.org.