We are now offering our expertise to overcome the two major problems that are impacting the current commercial real estate environment:
The industry is well aware of these pervasive negative national trends:

1. Remote work-at-home because of the pandemic has dramatically increased office building vacancies.
2. Interest rate increases on apartment buildings’ commercial financing are reducing profit margins.

Both areas have viable and credible solutions.

1. Repurposing some office buildings, which are usually located in downtown areas and enjoy a well-supported lifestyle and non-commute locations, into residential living units. The key is to have an exit strategy, using our Qualified Contract for Deed QCD™ financing, to obtain owner-occupied condominium values to make the projects economically successful.
2. Converting both existing residential apartment buildings and repurposed office apartments into owner-occupied condominiums, using the QCD™ seller financing will provide much higher values and cash flow to offset the higher interest rates.

The average apartment conversion should approximately double the rental monthly cash flow by eliminating expenses and increasing revenue yield when completed to a fully owner-occupied condominium, including the large income tax benefits immediately available to the new owners.

Homeowner Makers C.C.S. has assembled a team of experts to assist apartment owners in converting their properties into condominiums. We offer the following services:

• Architectural Expertise: Office renovation re-design and condominium deed preparation and related services.
• Legal Expertise in developing condominium documentation through qualified legal Firms.
• Financial Expertise in setting unit pricing, Condominium fee operating budgets and expenses and capital reserves, and lender relations.
• Referral to qualified Condominium management companies.

To learn more about our services, email us at: Info@Homeownermakers.com.

For historical reference of the use of a similar seller financing program in 1992 Philadelphia, go to: https://homeownermakers.com/contract-for-deed-in-old-city-philadelphia/