Examining the growing trend of office-to-multifamily conversion
BTR News | July 21, 2023
Rajeev Hota, Associate Director, Acuity Knowledge Partners, recently shared his expert insights on the growing trend of office-to-multifamily conversion @BTR News. His forecast presents that office-to-multifamily conversion is a complex but potentially lucrative investment opportunity. It can be a profitable investment for those who are willing to carefully navigate the associated advantages and challenges.
‘Converting office spaces to multifamily units involves navigating through complex planning and regulatory processes. Investing the time and resources required for obtaining the necessary approvals can be a significant challenge for investors’, he adds.
About BTR News: Founded in 2020, BTR News is the leading digital publication dedicated for the Build to Rent sector. Our mission is to provide an open publication for news, information, insights, research and more, and we aim to promote and encourage collaboration for the future benefit of the sector.
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