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
© 2019. Draper and Kramer, Incorporated. All rights reserved.