LONG BEACH, CA CO-OP S FINALLY BECOME CONDOS ROYAL PALMS CONDOMINIUMS Property Information Location 100 Atlantic Avenue Long Beach, CA LOS ANGELES COUNTY Number of units 162 Converted to Condo 2015 As a Co-op As a Condo The community had been attempting to convert to a condominium for six (6) years with another consultant that had collected fees without providing the services needed to complete the conversion to condos. Hutton restructured the conversion plan, had all new governing documents drafted and ap- proved by the membership and delivered condo unit deeds in less than 8 months from contract date. Unit values as co-ops were low compared to similar condos in the neighborhood. Prices did not recover enough to return to pre-recession levels. After c

Join for free to read