CAMS Celebrates 30 Years of Locally Focused Property Management Services> Charleston Business Journal
The company has grown to include a full list of services for all types of properties
In the previous century, before community associations were mainstream and charged with managing complex business issues, Mike Stonestreet and Dave Sweyer formed Community Association Management Services (CAMS) to assist condominium communities with monthly financial reports, maintenance and repairs, and board meetings.
Over the next 30 years, the company grew dramatically and tackled increasingly complex issues such as financial management, infrastructure, disaster recovery and stormwater management. Its 300 employees today bring skills and expertise that the founders could not have imagined in 1991.
Over the next three decades, the company became a pioneer in community management, working with master communities, marinas, skyscrapers, age-restricted communities, and even a campground. His unparalleled experience with all manner of community management issues serves 658 communities and over 100,000 homes in the Carolinas today. One thing that hasn’t changed is the founding principle of serving people, not property.
Over the past decade, CAMS has focused its efforts on developing its technological solutions and on a team of forward-thinking and knowledgeable professionals who share the founders’ motivation and dedication to communities and their residents. CAMS uses technology to accelerate communications with residents, council members and others, and to create processes that build relationships and resolve issues.
One particular area of expertise that CAMS offers to communities in this region is its long history of dealing with the fallout from the plethora of hurricanes that have hit the coast since Hugo arrived. “We have gained a lot of experience with these storms. We have learned to manage claims, deal with insurance companies, communicate with homeowners and prepare for storms, ”said Mike Stonestreet.
With the COVID pandemic, the company has now pretty much seen it all. Adapting quickly to remote meetings, the CAMS community associations have not failed to fight.
Community Association Management Services has more experience than almost any community management company, but they have remained true to who they are and who they serve. Unlike the management companies of business associations whose work is transactional and profits come from volume, CAMS remains a family and relationship-based business. Co-owners Dave and Mike have met all of their employees and are accessible to customers, which is unthinkable in national “big box” outfits.
Another contrast that CAMS recommends over large conglomerates is that it only focuses on their core area of expertise, not a range of other industries. “A lot of other companies are selling or leasing real estate, or have their own maintenance companies,” Stonestreet said. “But that’s all we do. We are 100% dedicated to community management.