Roland Pomeroy

Review of Ascent Real Estate Management ...

In my opinion as a strata management company Ascen...

In my opinion as a strata management company Ascent is completely incompetent. Just some examples: It appears that the strata agent gives no advice to our council. A consequence of this is that our CRF is extremely low due to near zero contributions from owners over the past several years; the depreciation report ($12k) was not discussed and not used to prepare a five-year financial plan (last plan was 2010). Owners were recently hit with a $955k special assessment to modernize the elevators that came with no warning. At the SGM to vote on the assessment (that was defeated) the Strata agent hijacked the role of chair and steered the discussion towards a favorable result. He knew that Ascent would get a significant commission if the assessment passed. He was therefore in blatant conflict of interest. He was also in conflict of CHOA guidelines regarding chairing general meetings. And the strata agent accuses me of harassment!