an American with more than 10 years experience developing and managing upscale apartments in Paris’ most coveted historic neighborhoods (Ile Saint-Louis, Ile de la Cité, the Marais, Saint Germain and the vicinity of the Louvre Museum), is now working with potential buyers who dream of owning their own Paris pied-à-terre. A growing number of Paris real estate buyers are now looking to own a Paris apartment but without the day to day hassles linked to real estate ownership. Their goal is to have that perfect Paris home away from home that they can come to each year and simply enjoy being in Paris and not to worry about managing the property in their absence. Glenn’s solution for these discerning buyers is his new Paris Fractional Ownership model for properties he is now offering his clients.
Glenn’s concept is to assemble a group of fractional owners, each of whom will be entitled to use the property during a fixed number of weeks every year. The specific time breakdowns will be determined property by property and based on the number of owners who will be sharing the usage of each property. Glenn can eliminate the costs of financing and venture capital, and pass on the savings to the fractional owners. He and his seasoned team will then manage the property through the course of the year, ensuring that ownership will be headache-free, and that the property will meet the expectations of the most discerning owners visit after visit, year after year.