office to residential conversion News
Latest articles and news about office to residential conversion on AXL Media.
Latest Articles
- Gleaming Islands and Gray Macros: The AI-Driven Split in U.S. Office Markets
Published: Apr 27, 2026
Section: Real Estate
Six years after the global pandemic redefined the American workplace, the office sector is undergoing a profound transformation driven by generative artificial intelligence. A shar...
- Broad Street JV Lands $175M for Major Manhattan Office-to-Residential Conversion
Published: Apr 1, 2026
Section: Property Investment
A joint venture between Broad Street Development, PCCP, and One Investment Management has secured a $175 million loan to transform the historic Maritime Building at 80 Broad St. in...
- National Office to Residential Conversions Surge 28 Percent as Loan Maturities Loom
Published: Mar 27, 2026
Section: Real Estate
The adaptive reuse landscape in the United States has reached a historic peak at the start of 2026, with 90,300 apartments currently being converted from former office spaces. This...
- Turio Residential Enters D.C. Market with $16M All-Cash NoMa Purchase
Published: Mar 21, 2026
Section: Mergers & Acquisitions
Philadelphia-based Turio Residential Co. has officially entered the Washington, D.C. real estate market with the $16 million all-cash acquisition of a 67-unit building in the NoMa...
- Post Brothers Secures Historic $575 Million Package for Major D.C. Adaptive Reuse Project
Published: Mar 13, 2026
Section: Mergers & Acquisitions
Post Brothers has finalized a monumental $575 million financing deal to transform "The Geneva," a prominent office complex in Washington, D.C., into a high-end 530-unit residential...
- Carr Properties Targets Foggy Bottom for Major Office to Residential Adaptive Reuse Project
Published: Mar 13, 2026
Section: Property Investment
Carr Properties has acquired 2121 Virginia Ave. NW, a vacant Class B office building in Washington, D.C., for $23.5 million. The developer intends to demolish the existing structur...
- McCombs Enterprises to Transform Historic San Antonio Landmark Into Luxury Community
Published: Mar 13, 2026
Section: Home Improvement & Renovation
McCombs Enterprises is moving forward with the conversion of the iconic 31-story Tower Life Building in San Antonio into "Tower Life Residences," a 242-unit luxury apartment commun...
- RXR Joint Venture Secures $500 Million for Massive Financial District Office Conversion
Published: Mar 12, 2026
Section: Banking & Finance
RXR and One Investment Management have closed on a massive $500 million financing package to transform 61 Broadway, a historic 33-story office tower in Manhattan’s Financial Distri...
- Bushburg Secures $78 Million for Major Office to Residential Conversion at 100 William Street
Published: Mar 12, 2026
Section: Mergers & Acquisitions
Bushburg Properties has finalized a $78 million financing package for the acquisition and predevelopment of 100 William St., a 21 story office tower in Manhattan’s Financial Distri...
- Regulatory Hurdles and Market Divergence Define New York City’s 2026 Investment Climate
Published: Mar 12, 2026
Section: Companies & Industry
While New York City’s broader investment market shows signs of a post-pandemic recovery, the rent-stabilized multifamily sector has entered a period of profound distress. According...
- GFP Real Estate Finalizes $192 Million Financing for Landmark Financial District Conversion
Published: Mar 12, 2026
Section: Mergers & Acquisitions
GFP Real Estate has successfully secured $191.5 million in construction financing to transform 40 Exchange Place, a historic 20 story tower in Manhattan’s Financial District, into...
- Financial District Office-to-Residential Wave Continues with $218M 101 Greenwich Refi
Published: Mar 12, 2026
Section: Property Investment
Quantum Pacific and Metro Loft have secured a $218 million debt package to move forward with the transformation of 101 Greenwich St. in Manhattan’s Financial District. The century-...