Arlington Village

“[They] really did save our community…we never could have accomplished conversion without Hutton […]"

Patty Urban

Geddes Lake (422 units)
Ann Arbor, MI
“The Hutton Group are true experts in their field…[They] saved my investment from sheer disaster and turned it into a goldmine […]"

Alan Antaki

Woodedge (81 units)
Edison, NJ
“[The Hutton Group] covered, with great success, our financial needs, our legal problems with some dissenters, and led us to a painless conversion […]"

Jose Perewozki

Laguna Lido (48 units)
Laguna Beach, CA
"We wanted to own our units with individual deeds and knew Hutton were the experts...they addressed every issue with detailed precision."

Roman Rozenberg

1543 W 1st St
Brooklyn, NY
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Arlington Village

1998

Arlington, Virginia

Property Information

Location Arlington, Virginia
Number of Units 60

Before Conversion as a Co-op

Limited Equity Co-ops which were selling at low values in this Section 8 Project
Both the individual interior units and common elements were in need of major replacement or remodeling.
Almost all owners were residents and wanted to keep their homes after conversion.
After Conversion as a Condo
Condos gained value immediately following conversion.
A special “Conversion/ Rehab/Permanent” hybrid financing was used to provide funds for much needed projects and interior rehabs.
ROA assured NO displacement giving each owner an opportunity to own their own homes as real property.
Results From the Converstion of 109 Lefferts
Value as a Cooperative (40% Increase)
Add: Obligation (Fees & Closing Costs)
Total Investment
Condominium Values after Conversion
Net Increase in Wealth (Equity)