We live in a post-pandemic world where office vacancies continue to rise while affordable housing inventory feels non-existent. Office-to-residential conversions serve as a potential solution to fill vacant office buildings while simultaneously creating more affordable housing options.

On August 17th, Dr. Malizia of UNC-Chapel Hill will join NAIOP Raleigh-Durham to present and discuss Yardi Matrix data on the office-to-residential trend.
Does it make financial sense? What makes an office building an ideal candidate for conversion? Are conversions more environmentally friendly compared to new construction? Can these buildings be partially leased during the conversion?

Join NAIOP on August 17th to hear Dr. Malizia address these questions and discuss the feasibility of office-to-residential conversions.

https://naioprd.org/meetinginfo.php?id=172&ts=1689274363