Adaptive Reuse

Given retail market conditions today, it's no wonder that adaptive reuse is a hot topic. With retail inventory exceeding demand in many markets, converting…

There's steady occupancy and growing investment interest, says JLL, but also some challenges, especially with conversions.

Estimates range from $5 billion to $14 billion, depending on what would be done with the real estate holdings.

There are some useful possibilities if a company knows the rules.

Recently passed legislation in California could alleviate some of the challenges in converting retail and office properties into affordable housing and pave the way for other states to enact similar laws.

Almost one-third of apartments now converted represent former offices.

17-story Wilshire Boulevard office tower will convert to 210 apartments.

Largest insurer pulls out of largest market citing "catastrophe exposure."