Adaptive reuse refers to the process of reusing an old site or building for a purpose other than which it was built or designed for.
Tag: adaptive reuse
Jamison and Arc Capital Partners to Convert 13-Story Office Building at 3325 Wilshire Boulevard...
Jamison and new joint venture partner Arc Capital Partners have started the conversion of a 13-story, 233,000-square-foot office building at 3325 Wilshire Boulevard in...
Prism Capital Partners Acquires 33 Acres for Multifamily Redevelopment on Rifle Camp Road in...
Prism Capital Partners has expanded its portfolio with the purchase of a 33-acre former corporate campus on Rifle Camp Road in Woodland Park with...
RMK Management Corp. Named Property Manager for New Luxury Rental Community HQ Residences in...
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for HQ Residences in downtown Mount Prospect,...
Certes Partners Completes Adaptive Reuse of Former Hotel into The Harrison, a 140-unit Multifamily...
A hotel has been successfully converted to The Harrison, a modern residential rental apartment community. The 140-unit conversion project was greenlighted by government authorities...
McShane Completes Adaptive Reuse Construction of Fox Valley Affordable Apartments in Aurora Illinois
McShane Construction Company completed the construction of Fox Valley Apartments in Aurora, Illinois, on behalf of Housing For All, LLC in collaboration with Visionary...
Studying commercial to residential conversions
The Multifamily Economic and Market Commentary for April from Fannie Mae focused on the conversion of commercial property to residential uses. It looked at...
Red Oak Capital Holdings Provides $6.3M to Refinance Jacksonville Adaptive Reuse of Laura Street...
Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville,...
Return of the carbon
My office is decorated with comic book figures and movie posters to the point that, during the pandemic when we were all forced to...
CIBC Announces Newest Affordable Housing Project Thrive on King in Downtown Milwaukee Wisconsin
CIBC announced its involvement in the Thrive on King project, a historic adaptive reuse initiative that will transform a former department store building into...
JLL Arranges $395M in Financing for Trophy Apartment Asset 70 Pine Street in NYC’s...
JLL's Capital Markets group announced that it has secured the $395 million refinancing of 70 Pine Street, a 66-story, mixed-use property with luxury multi-housing...
Marquette Companies Completes Adaptive Reuse of Historic Mary Thompson Hospital into The Thompson at...
Marquette Companies has announced the completion and grand opening of The Thompson at Fulton Market, a 210-unit mixed-use apartment building at 150 N. Ashland...
Northwind Group Provides a $22 Million First Mortgage Loan for 303 Washington Street in...
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced that it provided a $22 million first mortgage loan secured...
Office-to-apartment conversions gather steam
Office-to-apartment conversions gather steam as developers seek adaptive reuse as a way to fix pandemic-related problems in the office market. Adaptive reuse...
White House supports adaptive reuse
The U.S. Department of Housing and Urban Development (HUD) and the Biden-Harris Administration announced new steps intended to bolster the nation’s housing supply and...
Empty offices, troubled malls become new “15-Minute Cities”
At ULI’s Spring Meeting apartment experts found new solutions and opportunities to build—even in uncertain times. A questionable economy and high-interest rates are not stopping...