Conversion from Rental to Condominium
In addition to new construction sales and marketing, we offer expertise in the highly specialized field of condominium conversion. There are intricacies inherent in this process that requires a careful approach, experience with many various state laws and a knowledgeable team. Our expertise in this arena can assure a high resident retention and an overall successful program. Our project managers carefully balance the maximization of rental revenues while making certain there is ample for sale inventory available.
Residential Rental Programs
Well versed in the residential rental market we can assist by offering many of the same services we provide on a for sale project customized to address the challenges presented in the tightening market. We also staff and manage the lease-up of multifamily buildings upon request.
Disposition of rental property is also an area in which we have experience. As the oversupply of rental units becomes more prevalent in some markets, cash flows may begin to constrict and create financial issues that may only be solved by the outright sale of the property. Our commercial broker partners are experts in this field and can work with closely with our company to get the highest possible price.
Acquisition and Development
We have on the ground resources nationwide searching out potential development opportunities and can be where you need us to be with very little notice. We can assist in property Acquisition, Feasibility Analysis and consult on Development and Construction Financing and closely coordinate our many activities with your team members and financial partners.
Chicagoland Realty Services can be the single source for all your organizations real estate development information and support.