Adaptive Reuse Surges Again With 151K Upcoming Units; Hotel Conversions Overtake Offices in 2023

RentCafe rental blog

Adaptive reuse projects are on the rise again with 17.6% more apartments converted from outdated buildings in 2023 compared to the year prior. While office conversions remain popular, 2023 saw a shift towards repurposed hotels, particularly in Manhattan, which now dominates the adaptive reuse landscape. A growing Atlanta suburb leads in office conversions, closely followed…

The post Adaptive Reuse Surges Again With 151K Upcoming Units; Hotel Conversions Overtake Offices in 2023 appeared first on RentCafe rental blog.

May 07, 2024 at 12:05PM

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