05-15-2023, 02:45 PM
(05-15-2023, 10:30 AM)tomh009 Wrote:(05-15-2023, 10:22 AM)KaiserWilhelmsBust Wrote: Really makes it stink of "lets rezone this to a super high density and then flip the land". Institutional demand could be made up to help with the rezoning. This groups done this on another project recently
Which project did Vive flip? It doesn't seem to be their business model. (They did get out of OTIS, but that makes sense as it's a condo project, not a rental.)
They generally don't get listed publicly, but will be directly marketed by some of the commercial brokers. Last one was flipped was on King E - maybe the schwaben club property? Lots of examples of them doing this though, but generally done pretty early on. Civic66 and TheScott were both flips by them