Author Archives: Orest Tomaselli

Orest Tomaselli is President of the Condominium and Cooperative Review Division at CondoTek, and Owner of Strategic Inspections, a national reserve study provider. As the former Owner of National Condo Advisors for the past 13 years, Tomaselli and his team have provided thousands of buildings with Fannie Mae, Freddie Mac, FHA, VA, and portfolio project approval. With the acquisition of his firm, and his new role, CondoTek now brings the condominium and cooperative review process in-house so that its lender, developer, and board clients can have a complete, end-to-end solution for lending compliance.

The Dawn of a New Reality in Condo, Co-op Lending

June 20, 2022

Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.