A partnership between private equity and co-op style ownership is an interesting idea for condos/apartments. Like say corporations retain a 30% ownership stake in each parcel, lowering the costs to purchase but also requiring a small bit of “rent” every month forever.
A partnership between private equity and co-op style ownership is an interesting idea for condos/apartments. Like say corporations retain a 30% ownership stake in each parcel, lowering the costs to purchase but also requiring a small bit of “rent” every month forever.
That could be interesting, as then the corporations would still be paying for a percentage of repairs directly