“Condo Deconversions” (15 mins.) – Attorney Kelly Elmore discusses Section 15 sales (i.e. condo deconversions) in this episode of the KSN Podcast. She examines the growing trend of condo conversions into rental units, the sales process, and the Board’s responsibilities throughout the transaction.

KSN Podcast episodes are available here: Read More ›

Kovitz Shifrin Nesbit attorneys recently represented a Chicago condominium association in the sale of all of all units in the condominium to a third party. KSN attorneys including Kelly C. Elmore (working with the underwriting, examining and closing teams), closed all 87 residential units and 57 parking … Read More ›

Kovitz Shifrin Nesbit attorneys recently represented a Chicago condominium association in the sale of all of all units in the condominium to a third party. KSN attorneys including David M. Bendoff (working with the underwriting, examining and closing team) closed all 273 units.

The sale of the Lincoln … Read More ›

Until recently, the word “conversion” was generally thought to mean the process through which an apartment building was converted into a condominium association. However, in the wake of the 2007 market crash and real estate downturn, few condominium conversions have been occurring in the Chicagoland area. In the past year, as the … Read More ›