“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
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.