Selling an entire co-op community of townhomes [Mass.]
I'm a resident in a co-op community whose mortgage is set to end in a few months. There will be a vote by all shareholders on what to do next. The prevailing thought in the neighborhood is that the majority will be voting to sell. There are 98 townhomes in the complex w/ a mix 2, 3, &amp; 4 bedroom units. There is also a smaller "apartment" building with 6-8 studio apartments as well. The entire complex is roughly 14 acres of land.

However, I'm getting the impression that those who don't want to sell are actually on the board of trustees and haven't been getting the word out to interested parties re: potential sale of the complex. The neighborhood has enormous value and could be quite lucrative. 

How could I, as just a resident and not a board member, get the word out to those who would buy such a property? Or am I way out of line?
[{"id": "dpfjrmm", "text": "Sale of an entire development is very unusual... you'd be looking for someone to turn it into apartments.  Basically, a fairly high powered commercial realtor will need to be brought in by the board, unless you just happen to know someone interested in such properties.\n\nYou need a vote before that happens.  If the mortgage is set to end in a few months, though, you're unlikely to sell the development before that.  Sale of something like that is a long term proposition, generally speaking.  You still need to worry about refinancing that mortgage, probably.\n\nYou're not out of line but I don't know what you - OR the board - could do personally.", "replies": [{"id": "dpfl0jw", "text": "Thanks. Yeah there's been a preliminary vote to gauge people's feelings but the official vote is still upcoming. \n\nI get the impression the board hasn't really been doing anything that would put the land/complex on the radar of high level commercial developers/investors and was curious how I could at least bring it to the attention of large developers/investors to at least look into it and its potential.", "replies": [{"id": "dpfm1jc", "text": "That's a realtors job, pretty much.", "replies": [], "depth": 3}], "depth": 2}, {"id": "dpfl74i", "text": "Can be turned into or condos - not that difficult to sell, assuming the legal side goes smoothly.  \n\nOP could talk to a commercial broker who has sold something similar, broker could bring an offer at the next coop meeting and it could at least raise awareness of the possibility of selling and move the conversation forward. ", "replies": [{"id": "dpfm5r7", "text": "&gt; Can be turned into or condos - not that difficult to sell, assuming the legal side goes smoothly. \n\nYeah, that's the other option.  Either way, the entire place has to be bought out, and you're talking about a developer that really knows what they're doing.", "replies": [{"id": "dpfxpcr", "text": "It's basic enough that any developer should be able to pull it off. ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "dpjiazf", "text": "I wonder if they are done with amortization IE paid in full or if it's a miscommunication and they have a balloon refi", "replies": [{"id": "dpjlndx", "text": "I was assuming it's a commercial balloon but yeah, that could change things if it's not.\n\n", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dpgike1", "text": "PM me where and what it is and I'll send you a list of the best names to help. ", "replies": [{"id": "dr38s9k", "text": "Sorry for the delay, don't use this account often.\n\nThe property is in Beverly, MA. Trinity property management is the new property manager.", "replies": [], "depth": 2}], "depth": 1}, {"id": "dqpa2nq", "text": "If you mention what city it is in, I can tell you if my firm would be interested in it. ", "replies": [{"id": "dr38rq9", "text": "Sorry for the delay, don't use this account often.\n\nThe property is in Beverly, MA. Trinity property management is the new property manager.", "replies": [{"id": "dr4vap9", "text": "A little bit to north for us.\n\nAs an investor, valuation is probably between 30-40MM depending on all the particulars. \n\nWhat should happen is if enough of the Co-op members vote to sell, then the board has to take its actions, e.g. an agent is hired to list and market the property. The process can take a quite a bit of time", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]