RentCafe, Santa Barbara, Calif., found adaptive reuse projects grew last year. There were 17.6% more apartments converted from outdated buildings in 2023 compared with 2022.
Tag: Adaptive reuse
A Record Year for Adaptive Reuse
More than 20,000 units in older office and other commercial buildings will be converted to apartments this year, reported RentCafe, Santa Barbara, Calif.
Dealmaker: Pacific Western Bank, Square Mile Capital Provide $182M for New York Multifamily
Pacific Western Bank, Los Angeles, and Square Mile Capital Management, New York, provided $181.9 million for a multifamily development in White Plains, N.Y.
Dealmaker: Walker & Dunlop Secures $54M for Multifamily
Walker & Dunlop, Bethesda, Md., secured $54.3 million for multifamily assets in Washington, D.C. and Gainesville, Ga.