Office buildings opportunity and converting to residential

[Farzan Setayesh]

With office building available for discount, what state and city let developing them into residential to offset the shortage of inventory for housing especially in southern Ca?

[Chris Seveney]

@Farzan Setayesh

Many jurisdictions will consider the conversion the issue is it is typically not financially viable based on the logistical challenges of doing this - there have been multiple discussion on BP outlining these challenges

[Ronald Rohde]

even if the buildings were free, wouldn't always make sense. office has a deep floor plate, plumbing, firewalls, elevators, amenities are all huge costs to conversions.