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Our Team

The people who
convert cooperatives.

Hutton provides the legal work, the financing arrangements, and the shareholder sessions a conversion requires. The team is built from those disciplines.

Units managed
30,000+
Units converted
7,500+
Disciplines in one team
Multiple
Conversion experience
Nationwide
Highpointe residential property

The operating profile

One specialty, and a team dedicated to it.

One group of people handles the documents, the lenders, the shareholders and the closing.

Capabilities

  • Corporate attorneys
  • Tax attorneys
  • Title attorneys
  • Residential lenders
  • Commercial lenders
  • Settlement agents
  • Conversion managers
  • Marketing specialists

President

Jack Boyajian

Jack Boyajian studied at the Wharton School of Finance and holds a law degree from Rutgers School of Law-Newark.

Before he founded the firm he developed, converted or managed some 30,000 units of cooperative, condominium and other multi-family housing.

He has led the firm's conversion practice from the start, and that work shapes how it handles documents, financing and legal questions.

The conversions are published one at a time, each with the building's own figures.

The Hutton Group
  • Wharton School of Finance
  • Rutgers School of Law
  • 30,000+ units managed
  • 7,500+ units converted

Vice President

David Boyajian

David Boyajian has served as Vice President of The Hutton Group since 2013, has directly overseen the conversion of more than 1,000 units from co-op to condominium, and has closed more than $250 million in condominium loans. He has spent more than ten years building and leading development teams and management systems since joining the firm.

He holds a BS in Finance from The College of New Jersey, a degree he completed in 28 months with part of his undergraduate studies taken at Oxford University in the United Kingdom, and a JD from Rutgers School of Law-Newark, and is admitted to the New York bar, non-practicing.

Co-Vice President

Armand Boyajian

Armand Boyajian is Co-Vice President of The Hutton Group. He has raised and deployed more than $250 million in Manhattan real estate and has advised on more than $1.5 billion of acquisitions and capital raises.

He holds a BS in Finance and Real Estate from the NYU Stern School of Business, where he led the school's professional real-estate networking group, is a licensed real-estate salesperson in New York, and is a member of the Urban Land Institute and the International Council of Shopping Centers.

Recognition

Conversions in many markets

Conversions have been completed across the country, and each cooperative came to it with its own conditions.

The next step

The first conversation is with the team that would do the work.

Your board can put its questions to the team. Ask a Hutton representative for your free feasibility study or a follow-up call.