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CONDO CONVERSIONS A WORKSHOP & MIXER

Keller Williams Realty Bellevue
505 106th Ave NE 210, Bellevue, WA, 98004
Thursday, October 18, 2018 3:00 pm until 5:00 pm Organized by: ANOMALY COMMERCIAL & BUILDERS CAPITAL (Contact)

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Event Description

CONDO CONVERSIONS

“THE NEW LAND IS VERTICAL”

A WORKSHOP & MIXER

OCT 18TH | 3-5 PM

505 106TH AVE NE, STE 210, BELLEVUE WA 98004

MIXER AT THE “W HOTEL”


LEARN HOW TO

Recognize Opportunities | Maximize Profits | Limit Risks


EVENT OVERVIEW

We have assembled a group of experts that will comprehensively cover the opportunities and challenges associated with condo conversions.

Since 2009, there have been less than 100 apartment units which have been converted into condos. New construction housing in the city has been dominated by apartment communities or high-end town houses. The overwhelming majority of new Seattle housing has favored high-income renters or purchasers who can afford to pay between $800K - $1.2M for a new town home. Over the past 9 years, the price per s.f. spread between a stabilized apartment exit and a condo project sellout has been minimal.

Today, there is an arbitrage as this not-so-new strategy has reemerged. Come and learn about the opportunity.

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