Here's an idea for condo sellers
Via
Coco Clayman-Cook (LA Condo Lifestyles):
By Coco Clayman-Cook
Recently I represented a client who was selling their luxury condo. Ultimately, the condo sold very quickly 
to a large corporation based in downtown Los Angeles. More and more companies are charging their HR departments with the authority to look for and acquire luxury condo properties for company assets.
When you stop to consider how much it costs to house visiting executives in luxury hotels it's easy to see why corporations are now buying luxury condominiums. Real Estate is a strong investment. If you have the opportunity to build equity instead of throwing money away, it is always better whether you are an individual, a family or a corporation.
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About the Author --- Will Nesbitt is the principal broker of Condo 1 Alexandria / Will Nesbitt Realty LLC. Will specializes in condos, townhouses and single family residences in Alexandria, Arlington, Fairfax County, Crystal City, and Kingstowne. Will resides in Belle Haven Estates just outside Alexandria VA in Fairfax County. |
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I think it is a great idea, I have seen it a few times here in St. Pete were companies or CEO's buy vacation property