REAL ESTATE CONVERSIONS LLC
SARASOTA, FLORIDA

REAL ESTATE CONVERSIONS LLC is a Sarasota-based company specialized in the acquisition, rehabilitation, and repurposing of underperforming motel properties across Florida. Founded by Michael Petrone, CEO, who also serves as the Founder and brings over two decades of expertise from his background with Mantis Appraisal. The company leverages Mr. Petrone's extensive real estate knowledge and professional network to identify unique investment opportunities that align with their business model. Recognized for its ability to transform derelict motel properties into valuable assets, REAL ESTATE CONVERSIONS LLC focuses on improving aesthetic and functional qualities of these investments while offering affordable housing options to low-income communities. Their approach involves comprehensive rehab projects including new furnishings and fixtures followed by strategic re-leasing based on a sustainable rental income model. The company is led by Michael Petrone, whose distinguished education includes an MBA in Finance from the William E. Simon Graduate School of Business Administration at the University of Rochester, alongside a BS in Business Finance from the Rochester Institute of Technology (RIT). His strategic vision and financial acumen ensure continued growth and profitability for REAL ESTATE CONVERSIONS LLC through intelligent property conversions. With its incorporation dated September 15, 2016, and last reinstated on September 28, 2017, the company is registered under the Florida Department of State with the filing number L16000173237. Its annual report submitted on April 29, 2024, reflects a steady commitment to operational excellence. For more information or to discuss potential investment opportunities, interested parties can contact Michael Petrone through phone at (941) 315-2727 or visit their website at realestateconversions.com.