Office Conversions Run at a Record Pace

Office Conversions Run at a Record Pace - Multi-Housing News

In the adaptive reuse category, office conversions are outpacing any other building type. When it comes to future adaptive reuse apartment ...

Office Conversions Run at a Record Pace - MBA Newslink

Office Conversions Run at a Record Pace. February 28, 2024. Multi-Housing News, Feb. 20, 2024-Lew Sichelman The office-to-housing conversion trend is rushing ...

Office Space Reduction Sets Record Pace in First Quarter, JLL Says

U.S. office inventory reduction, including conversions to residential use, has increased each year since the COVID-19 pandemic began in 2020.

Conversions reach record volume - JLL

Midway through September, the continued growth in redevelopment activity has already driven office conversion volume to record levels in ...

Developers convert unused office space into apartments at record ...

CNBC's Diana Olick reports on the increasing number of developers changing unused office space into high-demand apartment space.

Why Are Office Conversion Projects So Tough To Pull Off?

“Transforming a single-use office building into a space that accommodates multiple uses is a highly complex process,” says Ralph Zucker, CEO of ...

CBRE Analysis: US Office Conversions on Pace to Double 7-Year ...

Office conversions are on pace to more than double their recent annual average this year, with momentum picking up due to increased ...

Developers convert unused office space into apartments at record ...

Developers convert unused office space into apartments at record pace ... CNBC's Diana Olick reports on the increasing number of developers ...

Office-space conversions are running into many roadblocks

Across the country, developers and city officials are making plans, some quite ambitious, to remake parts of city centers by converting high-rise office space ...

Conversions are helping offset the rise in vacancy - JLL

The record pace of inventory removals continues to accelerate nationally, with over 10 million s.f. removed in the first quarter, ...

'Supercharging' Office to Housing Conversions: New Federal ...

Many office buildings are not physically suited for conversion. Since most office buildings are laid out differently from residential spaces, ...

Outlook for Office-to-Residential Conversions - Urban Land Magazine

Experts speak about the near-term prospects for converting office buildings into multifamily housing, best practices for evaluating ...

Office Conversions: A Second Chance for Underutilized Space | CBRE

* The projects collectively reduced office inventory by 16.4 million sq. ft. and added over 14,000 apartment units. Record-low apartment ...

Can Empty Offices Solve the U.S. Housing Shortage?

Key Takeaways · A dearth of residential housing and oversupply of vacant office space has raised interest in the idea of real-estate conversion.

Officials push to turn office buildings into housing amid home ...

Elected officials are pushing to speed up the conversion of commercial buildings into housing to address both issues. Regulatory and ...

Office to Apartment Conversions: Creating Value from Vacancies

By the end of 2023, that number jumped to a record 19.6 percent. The reasons why these office properties cannot attract and retain tenants are ...

Office Conversions Run at a Record Pace - YouTube

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Converting offices to homes helps ease housing crunch

The author points out cities have been giving incentives to promote the conversions. And, despite such problems as inoperable windows, “the ...

A Primer for Office to Multifamily Conversions

During the past two decades, OTM conversions have accounted for just 1% of overall multifamily deliveries. With much of that product at the ...

Office-to-Residential Conversions | Old Republic Title

As office vacancies increase and affordable housing remains in short supply throughout the nation, office-to-residential conversions have ...