Asset Repositioning Strategy
Strategic repositioning for hospitality real estate assets.
Shared Ownership Conversion Advisory
If you have an underperforming hotel or mixed-use residential project or simply wish to achieve the highest value from your asset, FGS Realty Advisors provides a service to evaluate and execute a plan to convert all or part of the units to a shared ownership product, including timeshare, vacation ownership, vacation club, etc.
FGS Realty Advisors has brought this concept to several property owners with great success. One recent example was The Hotel Blake Chicago - please click here to see more.
Key Considerations for Conversion
Issues of consideration in determining whether your project is a candidate include:
- Any zoning or land use limitations?
- Is the project in a zone for condominiums and second homes?
- Registration issues?
- Likely to be required in both the situs state and marketing states
- Real estate licensing
- Internet sales issues