Category: office space
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Adaptive reuse surges with hotel to apartment conversions
In a remarkable turn of events, 2023 has been a banner year for adaptive reuse projects, with a significant 17.6% increase in the number of buildings converted into apartments compared to the previous year. A Closer Look at the Numbers: Data from a RentCafe report indicates that the adaptive reuse sector introduced approximately 12,700 new…
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Revitalizing Urban Landscapes: The Rise of Residential Havens from Commercial Foundations
The urban housing landscape is undergoing a remarkable metamorphosis. Amidst a pressing inventory crunch, a wave of ingenuity is sweeping the real estate sector, offering a beacon of hope for home seekers. The latest trend? The transformation of commercial strongholds into cozy residential retreats. In an exclusive feature by Yahoo Finance’s ‘Real Estate: The New…
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Capital Currents: The Forces Shaping CRE in 2024
As we navigate through 2024, it’s crucial to understand the economic undercurrents molding the commercial real estate (CRE) landscape. Amidst a market seeking equilibrium, we delve into the potential trough and the ongoing dislocation affecting CRE. The past three years have been a rollercoaster for the global economy. Injecting trillions into a functioning economy, while…
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Inside the $500M+ Renovation That Transformed an Iconic Skyscraper into a Mixed-Use Destination
The Redesign of Chicago’s Willis Tower Resulted in 300,000 Square Feet of Retail and a Public Park When Chicago’s Sears Tower opened in the 1970s, it anchored the Windy City’s world-class skyline. At 1,450 feet and 108 stories tall, it was once the tallest building in the world, holding that distinction for 25 years. While…
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The Search for Clarity: Multifamily and Commercial Real Estate Investing in 2023
For the last fifteen years, multifamily and commercial real estate investors surfed a rising wave of increasing property valuations buoyed by abundant and cheap capital. But in 2022 the ebb currents gained the upper hand and liquidity washed away. The culprit? The return to higher interest rates powered by the Fed’s wrestling match with inflation.…
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The Future Of Flex Spaces: Co-Everything
The coworking business model and views on what it means to share space are evolving as business needs change. Bringing people together and building community has always been central to the coworking experience. For a long time, the idea of selling and sharing space for working was largely limited to knowledge workers — freelancers, digital nomads, and…
Daniel Kaufman Real Estate 