Work with CCS as a:

Working Partner

Seller of Condo Projects

Real Estate Broker

Our Deal Criteria

We are looking for bulk deals from sponsor/developers, builders and lenders of non-performing notes or REO, of no fewer than 20 units. With partner cash on hand we can acquire deals from $5 to $100 million with a strong preference for:

• Failed condo conversion projects;
• Unsold or partially sold new construction;
• Partly completed new condo development;
• Notes in default (both mezzanine and first mortgages);
• Deals in bankruptcy or foreclosure.

We believe we can add the most value to partially sold or fractured deals - projects that have sold some units, but now have to be operated as hybrid rental projects until the condo market bottoms out. The ideal property has sold fewer than 50% of the total units, which allows us to maintain control of the HOA. Our expertise in both condo rental operations gives us a unique advantage to quickly analyze and plan the asset even if it remains a hybrid (part condo - part apartment). Our partners have specialized in acquiring and successfully operating “busted condo” deals.

• Quick due dilligence
• Close for cash
• High expertise and realism
• References & Buyer Qualfications available upon request