In The News | Condo Deconversions Get Tougher As Investors Pick Low-Hanging Fruit

David Goss

“The low-hanging fruit is gone,” Interra Realty co-founder David Goss said. “This has been going on for more than two years, and we might be on the waning edge of this trend. I could be wrong, but that’s my gut feeling.” Interra has handled many of these deconversion deals, in which a potential buyer of a condo property must, by state law, convince at least 75% of the owners to sell.

Read article: Bisnow