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Condo conversions, priced right and in the right locale, have considerable appeal
to high-end, mid-market and entry-level buyers. Consumers continue to value condominiums
for many reasons, including their ease of ownership. RE Management has considerable
experience in condominium conversions. The company has brought to market well over
3,000 units at more than 40 individual properties during the last 10 years.
RE Management offers different investment opportunities related to condo conversions,
including:
Finding and funding the acquisition of the conversion property
Joint-venturing with the owner(s) of an apartment building who would
like to convert to condos
The process of converting apartments to condominiums can be extremely rewarding.
The tenants many times end up buying, so they become owners instead of renters.
The local municipality ends up benefiting because millions of dollars have been
put into the renovation of the property. The neighborhood is better because of the
improvements and the presence of individual owners on the premises instead of renters.
And of course, the investor in a successful project normally wins as well, making
a very solid return on his or her investment.
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If you'd like to learn more about RE Management’s condo conversion investment opportunities,
please contact us to request a solicitation letter to determine if you are eligible for participation through the RE Management Private Offering Memorandum as a qualified investor.
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