When the situation is right, 21st Century will purchase a property in an area where there is a positive trend of development.
- The company will hold the property for a few years before reselling
- In the past, 21st Century has realized returns of between 200 to 800% by utilizing this strategy
When an opportunity is identified, 21st Century will purchase an apartment building and quickly flip it to a condo converter
- Timeline for holding the properties has ranged from 6 months to 1.5 years
- Previous apartment buildings that have been purchased have contained between 24 units and 188 units
- Purchase prices have ranged from $2 mm to $15 mm

