INDUSTRY NEWS
RESERVE ADVISORS Expands Engineering Capabilities
with Acquisition of
WALDMAN ENGINEERING CONSULTANTS
Reserve Advisors, a leading provider of reserve studies, announced the acquisition of Waldman Engineering Consultants, Inc. (WEC), an Illinois- based architectural and engineering evaluation and design services firm serving community associations throughout the Greater Chicagoland area.
Founded in 2007 and headquartered in Lisle, Illinois, WEC delivers full-service engineering solutions to residential and commercial properties. The firm has supported more than 5,000 clients through engineering and construction oversight services, including moisture and forensic investigations, specification development, and building envelope and structural inspections.
Todd Walter, Regional Executive Director of Reserve Advisors, highlighted the strategic alignment between the two organizations, noting their shared commitment to a client-first approach. “As community associations face increased scrutiny around building safety, structural integrity, and long-term capital planning, access to trusted engineering and reserve planning expertise has never been more important,” said Walter. “By bringing Waldman Engineering Consultants into Reserve Advisors, we are expanding our ability to support condo boards and property managers with a broader, more integrated set of services that deliver clarity, confidence, and peace of mind.”
58 | COMMON INTEREST®
The acquisition strengthens both firms’ ability to serve clients by combining WEC’s engineering-focused expertise with Reserve Advisors’ national leadership in reserve studies and capital planning. Together, the firms will offer a more seamless client experience through an expanded suite of reserve study, forensic engineering, and insurance appraisal services.
Mark Waldman, founder of Waldman Engineering Consultants, emphasized the complementary nature of the two firms. “Reserve Advisors and WEC share a common philosophy centered on supporting community associations with reliable expertise and practical guidance,” Waldman said. “This partnership allows us to enhance the services available to our clients while continuing to deliver the same high- quality engineering solutions they expect. We see this as a meaningful step forward for both our team and the communities we serve.”
• Spring 2026 • A Publication of CAI-Illinois Chapter
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