This issue reveals a landmark financial crisis at one of Chicago’s most prominent condos, where a forensic investigation uncovered $450,000 in unauthorized management payments and deep budget secrecy. Despite mounting media scrutiny and legal challenges, Sudler Property Management continues to shield critical financial details from both the board and owners—masking reserve shortfalls, waivers, and risky decisions with condensed budgets and limited access. The new forensic report exposes years of governance breakdowns, unapproved bonuses, and legal violations that threaten the community’s financial future. Learn how unchecked management power, lack of transparency, and ignored owner rights put HOAs at risk—and discover the urgent reforms needed to restore oversight, accountability, and trust.
