Good For People. Good For Cities.
San Francisco pioneered Tenancy-in-Common (TIC) ownership in the 1970s and condominium conversions in 1979, establishing the legal and financial frameworks that transformed multi-unit buildings into individually owned homes. This model proved that ownership, equity, and community vitality could grow together.
Since then, more than 10,000 properties in San Francisco alone have converted, demonstrating the durability and impact of this approach. Across California, approximately 34,600 TIC units reflect the scale of shared-ownership pathways, while nationwide, hundreds of thousands of properties have already been transformed—and millions more hold untapped potential across urban markets.
Thoughtful condo conversion is more than real estate—it’s urban renewal. For advisors, this creates a strategic opportunity to guide clients with clarity, protect value, and deliver high-impact, responsible results.