About CondoLend
Facilitating lending to condo associations for structural compliance in the post-Surfside era.
The Challenge
The collapse of Champlain Towers South in Surfside, Florida on June 24, 2021 [1] exposed critical deficiencies in how aging condominiums are maintained and inspected. In response, the Florida Legislature passed SB 4-D, mandating milestone structural inspections [2] for buildings three stories or taller that are 30 years old (or 25 years old within three miles of the coast).
The result is a massive wave of required structural assessments and repairs across South Florida's tri-county area. Thousands of condo associations now face special assessments ranging from tens of thousands to hundreds of thousands of dollars per unit — costs that many unit owners simply cannot absorb in a lump sum. Reserve funding waivers were eliminated effective January 1, 2026 [3].
How CondoLend Works
We streamline the process of connecting condo associations with competitive financing for their compliance and repair needs.
Assessment Analysis
We analyze your building's inspection reports, reserve study, and assessment scope to understand the full picture of your capital needs.
Risk Evaluation
Our proprietary risk model evaluates structural, financial, and compliance factors to determine appropriate loan terms and pricing.
Lender Matching
We match your association with lenders who specialize in condo assessment financing, ensuring competitive rates and flexible terms.
Funded & Compliant
Loans are funded directly to the association, enabling timely commencement of repairs while unit owners repay through manageable monthly installments.
Why CondoLend
Unmatched Data Coverage
We maintain the most comprehensive database of South Florida condo buildings, including inspection histories, permit records, violation data, and reserve studies.
Proprietary Risk Scoring
Our multi-factor risk model incorporates structural condition, building age, financial health, compliance history, and environmental exposure.
Aligned Incentives
We succeed when condo associations get funded and repairs get completed. Our platform creates transparency for all stakeholders in the lending process.
Get in Touch
Whether you're a condo board seeking financing or an investor looking to deploy capital, we'd love to hear from you.
Palm Beach, FL 33480
Data Sources
- [1] FL DBPR Condominium Registry — Registered condo associations
- [2] FL Statute 553.899 — Milestone Inspections
- [3] FL Statute 718.112 — Reserve Funding & SIRS
- [4] FL Statute 718.116 — Assessment Liens & Collections
- [5] Miami-Dade Property Appraiser — Parcel data, year built, units
- [6] Broward County Property Appraiser — Parcel data, permits
- [7] Palm Beach County Property Appraiser — Parcel data
- [8] NIST Champlain Towers Investigation
Capital need estimates ($10-48B) are modeled based on building count, unit count, age distribution, and per-unit repair cost ranges observed in publicly disclosed special assessments. See the Investment Memo Appendix A for full methodology.