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Daily Review in Hayward, California

23 Jul 1972

Page 12

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Daily Review July 23, 1972 Page 12 old newspaper archives

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Articles on This Page

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Newspaper

Daily Review

Location

Hayward, California, United States of America

Date

Jul 23, 1972

Page

12

Condominium securities debut in California sales shift

In California the first condominium units offered as securities move forward under SEC guidelines. Backfield Hawaii’s Plantation Hale Condominium & Resort, 16 units on Kauai, will be sold via registered brokers to mainland buyers seeking vacation use with rent-back income.

MENTIONED IN THIS ARTICLE

Stephen F. Santangelo Bischfield Hawaii Corp SEC California Hawaii Hale Condominium &Esort Kauet Flawal SRG Santangelo Blakefield B.J. Lerner & Co Inn
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Building Conversion and Investment Opportunity in Chicago

Chicago sees conversion of a small rental apartment building into five condominiums as a major real estate investment. Clarence A. Bruckner, SREA Chicago, notes investors expect about a 20 percent return on similar conversions if the project is cost effective, well located, and in good condition. Professional appraisal guidance is urged to determine if the unit’s cost, including principal and interest, is less than similar rental housing and to ensure economic viability.

MENTIONED IN THIS ARTICLE

Chicago Clarence A. Bruckner SREA Apor Itcal Estate Ap- Ets Bruckner
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Also Mentioned on This Page

Bayside Los Angeles Securities & Exchange Commission Livermore Somerset West Somerset Elliott Golf del Valle Lake Partotz Ave Turrieta Blvd Delaware Way MHC. Elliott Somerset West Homes H.C. Elliott Northern Betis SUD Glen Eden Garden Glen Eden Peninsula East Bay Hayward Nimitz Freeway Highway 17 Tennyson Hesperian Glen Eden Garden Homes Singer Housing Company Singer Gargey Howe
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