April 2017

The Hybrid Condominium

Attorney: 

An Alternative to De-conversion

The Dilemma Facing Some Aging Condominiums

The housing Crash resulted in dramatic declines in home values in the Chicago area. By 2017 home prices were recovering in many neighborhoods. However, in some neighborhoods, the values of condominium units, particularly those in moderate income buildings, have not recovered and may...

How to Sell Yourself: A Road Map for Condominium Sale/De-conversion

Attorney: 

How to Sell Yourself: A Road Map for Condominium Sale/De-conversion The purpose of this paper is to lay out a suggested procedure for a condominium association which desires to sell its building for de-conversion to do so in an orderly manner that will maximize the distributions to the unit owners and minimize the amount of time, effort, and conflict required to consummate the transaction....

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