Creative Reuse: The Opportunities and Challenges of Converting Office Space to Residential
California CRE to Expand in 2022
Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more
BOSTON—City’s First Office-to-Residential Conversion Project Begins -Construction has officially begun on Boston’s first office-to-residential apartment conversions. This effort is a part of a City pilot program aimed at...more
Empty office buildings downtown. A housing shortage in almost every major market. Is there a way to address both issues at once by converting historic but underutilized office buildings into apartments and condos in city...more
Commercial owners are faced with new financial realities in 2022. Tenants’ desire for less space and the shortage of housing provide new opportunities for landlords by converting their office space and other hard assets to...more
While significant challenges from COVID-19 continue to be felt in city centers around the world, the quote from Mark Twain seems applicable to cities in this moment: “The reports of my death are greatly exaggerated.” As...more
The Winter 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that although the economy is predicted to slow in 2020, developers’ views on most California commercial real estate in 2022...more