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dc.contributor.advisorWilliam Wheaton.en_US
dc.contributor.authorSafar, Canan Ceylanen_US
dc.contributor.authorPollard, Danielen_US
dc.contributor.otherMassachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.en_US
dc.date.accessioned2013-02-13T21:34:45Z
dc.date.available2013-02-13T21:34:45Z
dc.date.copyright2012en_US
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/76827
dc.descriptionThesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2012.en_US
dc.descriptionThis thesis was scanned as part of an electronic thesis pilot project.en_US
dc.descriptionCataloged from PDF version of thesis. This thesis was scanned as part of an electronic thesis pilot project.en_US
dc.descriptionIncludes bibliographical references (p. 115-123).en_US
dc.description.abstractThis thesis analyzes condominium and apartment development in the downtown Chicago residential market between 1997 and 2011. Specifically, it focuses on developments that converted from apartments to condominiums mainly during the boom years between 1997 and 2007 and developments that converted from condominiums to apartments during the bust years between 2008 and 2011. In the case of the latter, this thesis seeks to determine the reason or reasons that these developments had to convert from condominiums to apartments through a detailed analysis of four such developments. This analysis addresses development drivers including timing, pricing, and location. Additionally, this thesis considers the overall market conditions including supply, demand, economics, and demographics to determine what caused the boom and the ultimate bust of the market and these developments.en_US
dc.description.statementofresponsibilityby Canan Ceylan Safar and Daniel Pollard.en_US
dc.format.extent123 p.en_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectCenter for Real Estate. Program in Real Estate Development.en_US
dc.titleDistressed conversionsen_US
dc.typeThesisen_US
dc.description.degreeS.M.in Real Estate Developmenten_US
dc.contributor.departmentMassachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Center for Real Estate
dc.identifier.oclc825075723en_US


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