Condo Conversion
Peter Savio is a specialist in Condominium Conversions, with 45 years of experience in the real estate industry. To date, Peter has converted more than 7,000 units. If you own an apartment building, warehouse complex, shopping center, office building, hotel, or multiple homes on one lot, we can help you to realize the full potential of your real estate investment.
invest
ment
affordable housing
Condominium conversions are the fastest way to create affordable housing for Hawaii residents.
The conversion of hotels and commercial buildings into condo units allows smaller investors to participate as well. Peter Savio is so committed to keeping these condos affordable that he accepts a lower profit to keep the costs down. He gives the homeowners associations the money to renovate and upgrade the building, and then the buyers upgrade their own unit if needed.
a unique
process
Peter Savio has been refining his unique condo conversion process for the past 20 years. By working directly with the seller of the building, he is able to reduce the cost of the conversion and the risk. He passes the savings on to the buyer and the seller, and takes a smaller profit than most developers – making the unit more affordable and easier to sell.
Over the last 20 years, Peter has given away more than
in below-market prices to first-time buyers.
why condo conversion?
The advantages of using Peter Savio’s condo conversion process extend beyond the reduced costs and risks. Having a developer do the conversion, rather than the sellers themselves, allows the sellers to do a tax-deferred exchange and/or claim the profits at the lower capital gain rate. Conversions are more complex than they sound, and most owners and/or brokers do not have the knowledge or expertise to successfully complete a condominium conversion – especially at the affordable rates that Peter Savio can produce.
PETER’S UNIQUE SYSTEM OFFERS:
- Tax savings
- Shields you from liability
- Maximizes your returns
- Moves your equity, creating more income and higher returns
HAWAII’S #1 CONDOMINIUM CONVERTER IS LOOKING FOR PROPERTIES
If you own an apartment building, warehouse complex, shopping center, office building, hotel, or multiple homes on one lot, please contact us. we can help you to realize the full potential of your real estate investment
Hawaii's #1 condominium converter is looking for properties
If you own an apartment building, warehouse complex, shopping center, office building, hotel, or multiple homes on one lot, please contact us. we can help you to realize the full potential of your real estate investment.