Comments on: What Are Condo Hotels or Condotels? A Primer http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Honolulu-Waikiki Condos: What Are Condo Hotels or Condotels? | HNL Condo Bloghttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-94928 Honolulu-Waikiki Condos: What Are Condo Hotels or Condotels? | HNL Condo Blog Fri, 03 Jun 2011 18:29:52 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-94928 [...] Read the rest of the Interview: What Are Condo Hotels or Condotels? A Primer [...] [...] Read the rest of the Interview: What Are Condo Hotels or Condotels? A Primer [...]

]]> By: Jackson Hole Real Estate Bloggerhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60862 Jackson Hole Real Estate Blogger Mon, 27 Oct 2008 21:13:13 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60862 I am very familiar with the condotel model as I sell real estate in Jackson Hole and we do have condo/hotels in Teton Village . It is going to be very interesting to see how well the condotels hold up in upcoming (or current) recession. Many of the properties that I have done historical roi numbers on have not "penciled out" well. Not that i ever would sell them as an investment based on future speculation. Great Blog. I am very familiar with the condotel model as I sell real estate in Jackson Hole and we do have condo/hotels in Teton Village . It is going to be very interesting to see how well the condotels hold up in upcoming (or current) recession. Many of the properties that I have done historical roi numbers on have not “penciled out” well. Not that i ever would sell them as an investment based on future speculation.
Great Blog.

]]> By: Lancehttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60291 Lance Mon, 29 Sep 2008 17:45:04 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60291 Jackson Hole has several Condotels. There is a few in Teton Village. I believe that Hotel Terra, Teton Club, Crystal Springs, Teton Mountain Lodge are all Condotels. There is also a good one in Victor Idaho called Teton Springs. Jackson Hole has several Condotels. There is a few in Teton Village. I believe that Hotel Terra, Teton Club, Crystal Springs, Teton Mountain Lodge are all Condotels. There is also a good one in Victor Idaho called Teton Springs.

]]> By: Susanhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60169 Susan Tue, 23 Sep 2008 22:28:04 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-60169 This is very interesting. I hadn't heard of this before. It would appear that the real estate advantages far outweigh the disadvantages, especially in a market such as this one. This is very interesting. I hadn’t heard of this before. It would appear that the real estate advantages far outweigh the disadvantages, especially in a market such as this one.

]]> By: steve jenningshttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-55995 steve jennings Sun, 13 Apr 2008 10:25:35 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-55995 One of our projects is a condotel 'The beaches Resort & Residences and is offering a 6% return for 5 years. So they do seem to be the favored form of overseas investment as well reputable hotel chains offer to manage them for the investors. One of our projects is a condotel ‘The beaches Resort & Residences and is offering a 6% return for 5 years. So they do seem to be the favored form of overseas investment as well reputable hotel chains offer to manage them for the investors.

]]> By: Nancyhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-53228 Nancy Fri, 28 Dec 2007 14:41:38 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-53228 Are there any condotels for sale in the Los Angeles area? Are there any condotels for sale in the Los Angeles area?

]]> By: peterhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-51362 peter Sun, 30 Sep 2007 07:23:18 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-51362 BP: Are these properties difficult to finance?GREENE: Not at all, but they do take 20% down typically, whereas condos can be purchased with less cash down. It’s also important to make sure you use a mortgage broker who has had success in getting condo hotel financing deals done. Many banks still do not do them, but more and more are getting involved as condo hotels become more widely available.I like this section. in some part, mortgage broker do more than bank. BP:
Are these properties difficult to finance?

GREENE:
Not at all, but they do take 20% down typically, whereas condos can be purchased with less cash down. It’s also important to make sure you use a mortgage broker who has had success in getting condo hotel financing deals done. Many banks still do not do them, but more and more are getting involved as condo hotels become more widely available.

I like this section. in some part, mortgage broker do more than bank.

]]> By: Flipping Real Estate for Profit « John Chow dot Comhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-49331 Flipping Real Estate for Profit « John Chow dot Com Sat, 03 Mar 2007 17:35:17 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-49331 [...] What Are Condo Hotels or Condotels? [...] [...] What Are Condo Hotels or Condotels? [...]

]]> By: Danahttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10776 Dana Thu, 16 Nov 2006 21:51:00 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10776 Jimmy,If you are looking to learn about condo hotels, just go to Mr. Greene's website, www.CondoHotelCenter.com. He's got tons of good information on there. I've been reading his FAQs and many articles. And you can see what condo hotel properties are available too.I tried to find a book on condo hotels at Barnes & Nobles, and there doesn't seem to be one yet. I think your best bet is the web.Dana Jimmy,

If you are looking to learn about condo hotels, just go to Mr. Greene’s website, http://www.CondoHotelCenter.com. He’s got tons of good information on there. I’ve been reading his FAQs and many articles. And you can see what condo hotel properties are available too.

I tried to find a book on condo hotels at Barnes & Nobles, and there doesn’t seem to be one yet. I think your best bet is the web.

Dana

]]> By: jimmyhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10402 jimmy Tue, 14 Nov 2006 21:31:23 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10402 This article was very intresting! Is there any recommendations of books to read and/or about how/where to get financed. The recent article in CNN money about the area I live in, (panama city, Fl), and my desire to own one more property besides my homes in IL and AZ on a budget not well suited to succeed. Thinking condo would be great, but how to is the question? Also, is it better to buy a townhome right across the street from a condo? Many questions but wish to learn to succeed!Thanks, Jimmy This article was very intresting! Is there any recommendations of books to read and/or about how/where to get financed. The recent article in CNN money about the area I live in, (panama city, Fl), and my desire to own one more property besides my homes in IL and AZ on a budget not well suited to succeed. Thinking condo would be great, but how to is the question? Also, is it better to buy a townhome right across the street from a condo? Many questions but wish to learn to succeed!

Thanks,
Jimmy

]]> By: Real Estate Investing For Real | A BiggerPockets Blog » Blog Archive » Trump International Hotel and Tower Waikiki Beach Walk Breaks Sales Recordhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10022 Real Estate Investing For Real | A BiggerPockets Blog » Blog Archive » Trump International Hotel and Tower Waikiki Beach Walk Breaks Sales Record Mon, 13 Nov 2006 03:10:50 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-10022 [...] Sales records were just smashed by the new Trump International Hotel and Tower Waikiki Beach Walk condo-hotel. Four hundred sixty-four hotel suites were purchased for over $700 million by investors last Thursday. “Developers said the sales set a record for the amount of residential property, both in dollar value and unit volume, sold in one development on a single day. The previous record was set in December 2005 when Vancouver-based Intrawest Corp. sold 318 suites in the first phase of a Maui resort for $425 million US.” The project will begin construction next month, and is slated for completion by the middle of 2009. [...] [...] Sales records were just smashed by the new Trump International Hotel and Tower Waikiki Beach Walk condo-hotel. Four hundred sixty-four hotel suites were purchased for over $700 million by investors last Thursday. “Developers said the sales set a record for the amount of residential property, both in dollar value and unit volume, sold in one development on a single day. The previous record was set in December 2005 when Vancouver-based Intrawest Corp. sold 318 suites in the first phase of a Maui resort for $425 million US.” The project will begin construction next month, and is slated for completion by the middle of 2009. [...]

]]> By: Vickie Gillhttp://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-4745 Vickie Gill Fri, 11 Aug 2006 17:28:30 +0000 http://www.biggerpockets.com/renewsblog/2006/08/03/what-are-condo-hotels-or-condotels-an-interview-with-joel-greene-part-i/#comment-4745 Mr. Greene, I have a very large problem and wondering if you could help. I need a speaker for a conference that is attended by Real Estate Appraisers. The majority of the appraisers attending are MAI. The person that I had lined up for this conference has had a medical problem that prohibits him from speaking to us about Condo Hotels. The date of this conference is NEXT WEEK, August 18, 2006. Would you be interested in coming to California and speaking to us? Please respond ASAP.Thank You in advance for time in this matter.Vickie L. Gill, SRA Chairperson Southern California Chapter of the Appraisal InstitutePhone: 949-863-6409 Mr. Greene, I have a very large problem and wondering if you could help. I need a speaker for a conference that is attended by Real Estate Appraisers. The majority of the appraisers attending are MAI. The person that I had lined up for this conference has had a medical problem that prohibits him from speaking to us about Condo Hotels. The date of this conference is NEXT WEEK, August 18, 2006. Would you be interested in coming to California and speaking to us? Please respond ASAP.

Thank You in advance for time in this matter.

Vickie L. Gill, SRA
Chairperson
Southern California Chapter of the Appraisal Institute

Phone: 949-863-6409

]]>