“Understanding Condominium Deconversions” – KSN attorney Omar Malik discusses the condominium deconversion trend and challenges presented by these large-scale sales. Topics include board member responsibilities, the property manager’s role, legal challenges, best practices and more. Omar also reviews KSN’s experience with handling over ninety deconversion transactions. (52 mins.)



The KSN Podcast examines various aspects of association … Read More ›

21 Kristin Drive Condominium Association was sold for over $63 million on June 3, 2022. The 359-unit condominium building is located in Schaumburg, IL at the corner of Kristin Drive and Roselle Road.

The sale of all units, commonly known as a deconversion sale, was approved by a vote of the unit owners under Section 15 … Read More ›

“Impact of New Case Law on Illinois Condominium Deconversions” – KSN attorney Kelly Elmore reviews the changes the new case law has on the process of conducting a Section 15 sale. Kelly also discusses how these changes will impact community association board members. (15 mins.)



The KSN Podcast examines various aspects of association law, landlord/tenant issues, … Read More ›

The sale of all the units within a condominium association, also known as a condo deconversion, has gained momentum over the last few years.

Compared to the cost of constructing an entirely new property from the ground up, some real estate investors and developers have found it easier and financially more advantageous to purchase an existing … Read More ›