Designing Success. Achieving Sustainability.
As one developer put it, you don’t really know what you’re selling until you know what it costs to run. Too often projects are built and sold with the promise of amenities that don’t pencil out. Savvy buyers want to know what the HOA dues will be before they buy. Smart developers will explore the cost scenarios and HOA implications early on.
With over $1 billion under management, East West Resorts has designed, managed and re-designed just about every association configuration out there, including hotel-to-condo conversions. Development trends present a challenging mix of whole and fractional ownership programs that share a common amenity base with resort guests. Consequently, we’ve had to resolve complex cost allocations and transitions of ownership.