The Secret to Effectively Transforming Vacant Office Buildings into Apartments
Office use has undergone a major shift in recent years. One of the most effective ways to repurpose office buildings is by converting them into upscale apartment units.
Office use has undergone a major shift in recent years. One of the most effective ways to repurpose office buildings is by converting them into upscale apartment units.
Here at Capstone, we track the apartment projects in our local market so we can better understand how the future value of existing stock may be affected. Here, we share the results of our yearly summary.
With the current residential real estate climate, investors should begin considering condo conversion opportunities as a lucrative strategy to unlock a new realm of profitability.
The federal government’s Historical Tax Credit Program provides excellent benefits for those looking to offset the costs of repurposing historic buildings.
It’s a tough market out there for Multifamily investors who are trying to expand. Low inventory and soaring prices have many investor looking for creative ways to still find increased profit margins.
Take heart, all you rehabbers & builders- those projects that you invested more into for greater energy efficiency, knowing it would pay off down the road- you can also be rewarded with a tax credit for it as well.
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