Also known as the developer, a sponsoris the person, corporation, or other entitythat is part of the sale and development of acondominium or co-op property.

Merriam-Webster Online Dictionary
sponsor (noun)
one who presents a candidate for baptism or confirmation and undertakes responsibility for the person's religious education or spiritual welfare
one who assumes responsibility for some other person or thing
a person or an organization that pays for or plans and carries out a project or activity , especially one that pays the cost of a radio or television program usually in return for advertising time during its course
sponsor (verb)
transitive verb
to be or stand sponsor for
Merriam-Webster Online Thesaurus
sponsor (noun)
a person who takes the responsibility for some other person or thing
backer, guarantor, patron, surety
chaperone ( chaperon); advocate, champion, supporter; angel, benefactor, underwriter; coach, mentor, teacher; cosponsor; cosignatory, cosigner
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