Condominium Conversions

A Partner with a Strong Track Record

We work with two types of clients: those who already own a property and are looking for an experienced partner to convert it to condominiums and successfully market it, and those who are buying a property that is a good conversion candidate. Since entering this arena in 1994, we have converted more than 4,000 units, with a sales value exceeding $1 billion, for our partners and ourselves.

From start to finish, Draper and Kramer can:

  • Manage the entire condominium conversion process
  • Research the market
  • Establish pre-acquisition Capital
  • Acquire the property (if needed)
  • Offer customized systems for managing the conversion process
  • Establish the conversion timetable
  • Develop the sales center and models
  • Prepare marketing materials
  • Hire the staff
  • Manage the marketing function
  • Manage the property
  • Provide financial analysis and reports
  • Manage unit finishes and upgrade programs
  • Manage capital improvement programs

Learn more

Edward M. Polich
Senior Vice-President and CDO
312.580.6551
poliche@draperandkramer.com

© 2017. Draper and Kramer, Incorporated. All rights reserved.