Anchor Point Assembly Committee

The meeting with Klein Group signed owners this morning went very well. It was quite upbeat with a close to full house, along with 17 owners that had emailed Klein Group their wishes for voting on the proposed instructions from all the signed owners to Klein Group. After presenting a summary of the history of the AP assembly from the first meeting with the AP strata councils to today, and an update of market for downtown commercial properties, Klein Group also presented some information on the new assembly they are working on across Hornby Street from AP3. About 18 months ago, that 87 unit strata was faced with the need to have substantial special assessments to maintain their building. There is only a single council involved, who appointed a building committee to help evaluate the options after they received their Depreciation Report. They analyzed the options and brought the matter to their AGM where the vote was 85% in favor of going to market rather than put in an awful lot of...

A member of the Facebook Group posted some comments regarding Klein Group. I asked Klein about the questions raised and received his response. This post includes the comments and Klein's response. While it is quite long and detailed, I hope it is helpful. Mr. Dalessandro, I felt the need to respond to your post; I hope the detail of my response will give you some of the references that you can review for yourself. Please do not take my comments as disparaging as this is my profession for the last 20 years and representing 136 families at Anchor Point is something I do not take lightly. In the last 2 years our office has financed over $100M in cash transactions from overseas and over $450M in land sales. I speak from direct experience. Remember, my job is two fold: to make good on our proposal to Anchor Point Owners, and to represent and protect my current clients. There are many incorrect statements in your post. It is important that owners receive information from the sourc...

Here is a video that Klein Group created on why multiple brokerages is not possible.  As always, we urge all owners to do their own research and make their own informed decision, ideally with independent legal counsel.  https://youtu.be/Jxgvwk2TxhQ