Tag: office to apartment conversion
Office oversupply and housing undersupply: Double bull’s eye
After years of empty office space casting a shadow across American cities, developers seem poised to reshape urban landscapes. For the first time in...
IPA Capital Markets Arranges $720M Loan for Office-to-Residential Conversion of Former Pfizer Headquarters
IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced the closing of...
City of Chicago Council Approves $66M in TIF Funding for LaSalle Street Reimagined Initiative...
The Chicago City Council has approved $66 million in tax increment financing for two vacant downtown office buildings to be redeveloped into apartments as...
JLL Capitalizes High-Profile $250M+ Charlotte Office-to-Residential Conversion Brooklyn & Church
JLL Capital Markets announced that it led the advisory services to secure construction financing and joint-venture equity for Brooklyn & Church, a $250 million+...
BHI Serves As Senior Lender for $99M Construction Loan To Renovate 95 Madison Avenue,...
BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced it will serve as the senior lender for a $99...
Analyzing office to residential conversion potential
A new report from CommercialEdge, a Yardi company, takes a standardized look at the characteristics of office properties to assess their potential for conversion...
Office to apartments
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Hybrid work is likely here to stay. This shift isn’t just changing lifestyles—it’s also affecting commercial spaces. Office vacancy rates post-COVID shot up...
