Emerging Trends: Office-to-Residential Conversion
At their fall meetings in Los Angeles earlier this month, the Urban Land Institute unveiled their annual Emerging Trends in Real Estate® for the US and Canada for 2024. Like the fall meetings themselves, ULI’s Emerging Trends is filled with uncertainty about the current state and near-term future of commercial real estate. The office sector – and downtown office properties in particular – are struggling amidst rising interest rates, oversupply, and changing patterns of work.
As always, if you have any questions, please contact us. Until then, please enjoy this month’s newsletter.
