Good For People. Good For Cities.

In 1979, San Francisco formalized condominium conversion, creating a clear pathway to transform multi-unit buildings into individually owned homes. By the 1990s, the city emerged as a national leader in modern urban Tenancy-in-Common (TIC) structures — advancing legal and financial blueprint that expanded ownership in dense markets.

The model proved that ownership, equity creation, and community vitality could advance together. More than 10,000 San Francisco properties have since converted. Across California, approximately 34,600 TIC units underscore the durability of shared-ownership models.

Yet the broader opportunity remains vast. With 5.2 million multifamily properties and 5.9 million commercial buildings across the United States, condo conversion stands as one of the most underutilized wealth-expansion strategies—a catalyst for urban renewal and the next era of real estate.

Good For People. Good For Cities.

In 1979, San Francisco formalized condominium conversion, creating a clear pathway to transform multi-unit buildings into individually owned homes. By the 1990s, the city emerged as a national leader in modern urban Tenancy-in-Common (TIC) structures — advancing legal and financial blueprint that expanded ownership in dense markets.

The model proved that ownership, equity creation, and community vitality could advance together. More than 10,000 San Francisco properties have since converted. Across California, approximately 34,600 TIC units underscore the durability of shared-ownership models.

Yet the broader opportunity remains vast. With 5.2 million multifamily properties and 5.9 million commercial buildings across the United States, condo conversion stands as one of the most underutilized wealth-expansion strategies—a catalyst for urban renewal and the next era of real estate.

 


FTCC™ for Professionals: The Strategic Edge in Advisory Practice

Professional Use of the FTCC™ Framework

Advisors and advisory organizations working with San Francisco duplex, TIC, and small multifamily properties in select urban cities often lack a consistent framework to evaluate condominium conversion feasibility at the point where it most impacts decision-making—before capital, legal, or transactional assumptions are finalized.

As a result, feasibility, regulatory constraints, and structural limitations are frequently assessed too late in the process, after advisory direction has already been set. FTCC™ was designed to address this gap in the advisory workflow.

Strategic Clarity That Elevates Advisory Impact

Fast Track Condo Conversion™ (FTCC™) is a structured evaluation framework—not a course, certification, or franchise. It functions as a regulatory and structural decision layer that clarifies feasibility, sequencing, and capital implications before major commitments are made, allowing advisors to ground recommendations in verified constraints rather than assumptions.

How FTCC™ Is Used in Practice

Real estate professionals and advisory organizations—including brokers, fiduciaries, capital advisors, and firm-based advisory teams—use FTCC™ to::

  • Evaluate condominium conversion feasibility before commitments are made
  • Identify regulatory and structural constraints early in the advisory process
  • Clarify sequencing between capital, legal, and transactional decisions
  • Validate whether conversion is viable under current city conditions
  • Apply a repeatable framework across multiple client scenarios

FTCC™ delivers clarity early—when decisions matter most—so outcomes are informed, defensible, and aligned with wealth strategy.

Impact on Advisory Decisions

FTCC™ moves feasibility assessment earlier in the decision chain—when structure, timing, and regulation still meaningfully shape outcomes.  This reduces misalignment between assumed feasibility and actual regulatory conditions, and allows advisors to base recommendations on a clearer understanding of what is structurally achievable.

Strategic Advantage for Professionals

For advisors and organizations, FTCC™ provides a repeatable decision framework that supports:

  • More accurate assessment of complex regulatory properties
  • Stronger alignment between structure, timing, and strategy
  • Clearer differentiation in high-complexity urban markets
  • Greater consistency across client advisory engagements

Engagement Model

FTCC™ is engaged on a selective basis and may be integrated with individual advisors, brokerage, and advisory teams where regulatory and structural clarity is required prior to execution decisions. It is not a valuation service, legal advisory, or brokerage function.

For Professional Inquiries

FTCC™ advisory engagements are led by Jen Chan and may be conducted independently or in collaboration with existing advisory teams when advanced structural evaluation is required.

→ Request FTCC™ Advisory Engagement

"Different forms of tenure, going beyond a binary choice between rental and homeownership, can offer more options to city residents struggling to afford a house. They include build-to-rent, shared ownership, and shared equity ownership.”

— WORLD ECONOMIC FORUM

TESTIMONIALS

Trusted by Clients and Respected by Industry Experts

"After trying to do it ourselves, I firmly believe that the condo conversion cannot be a do-it-yourself operation. You need help from a professional who has a deep understanding of the condo conversion process. We didn't have that at the start, and it cost us a lot of time and money. Jen has an expert team of specialists in the legal, construction, and planning fields that efficiently handle all the details of the process. I can honestly say that we would still be trying to finish the condo conversion process if we had not found Jen and White Tiger Condo Conversion. Now we happily have condos and are incredibly pleased with the increased value of our properties."
MARCELO POIRIERADMINISTRATIVE LAW JUDGE — CALIFORNIA PUBLIC UTILITIES COMMISSION
“Dealing with Jen was a night and day change from navigating the murky, labyrinth city processes ourselves. White Tiger made condoization achievable and greatly helped us increase our property value and net worth.”
ELIZABETH DORMANPRINCIPAL COUNSEL — CALIFORNIA PUBLIC UTILITIES COMMISSION
"After several frustrating years of trying to navigate the confusing and daunting condo conversion process in San Francisco, we had reached a point where we had made little progress. Luckily, we are able to find Jen and White Tiger Condo Conversion, who helped us successfully complete the condo conversion process."
MARCELO POIRIERADMINISTRATIVE LAW JUDGE — CALIFORNIA PUBLIC UTILITIES COMMISSION
“I bought a two-unit tenancy-in-common building with a close friend who also had a strong background in Do-It-Yourself home repair. As we’re both capable government attorneys, we thought navigating the San Francisco condoization process would be feasible to handle ourselves. After a few experiences with the relevant city departments (easily the most frustrating experience I’ve had dealing with a government organization I’ve ever had, and that is what I do for a living!), we sought out White Tiger, whom we’d heard about from our real estate agent. Jen screened and supervised contractors as well as getting the city paperwork moving.”
ELIZABETH DORMANPRINCIPAL COUNSEL — CALIFORNIA PUBLIC UTILITIES COMMISSION
“I feel confident that Jen Chan will be a valuable resource for her future clients. 2-4 unit condominium conversions represent one of the most cost-effective and low-risk opportunities for creating additional value in San Francisco residential real estate.”
ANDY SIRKINPIONEERING TIC ATTORNEY
“Help individuals reach their goals and serve as a resource and mentor. Plays a direct role in the professional development of a colleague within her industry.”
Jen Chan: 2020 Elevate Inspirator Award NomineeTHE REGISTRY, CREWSF, CREW BAY AREA , THE Q
“Homeownership creates stability of tenure and is one of the major ways that Americans build wealth and financial security. Given the limited land supply in San Francisco, condominium conversion is viewed as an easier way to expand homeownership opportunities than through new construction.”
SPURSAN FRANCISCO PLANNING AND URBAN RESEARCH ASSOCIATION
“Tenancy in common is a popular way for two or more individuals to purchase a share of a property, offering them equal access to the property. If you’re planning on buying real estate with a friend, relative, or business partner, you may consider a tenancy in common (TIC) agreement. You can use this agreement for personal or commercial properties.”
FORBES ADVISOR
“Different forms of tenure, going beyond a binary choice between rental and homeownership, can offer more options to city residents struggling to afford a house. They include build-to-rent, shared ownership, and shared equity ownership.”
WORLD ECONOMIC FORUM