I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

But in the end/exit , the deal tends to be more important.Sanjay, this is a phrase I'm often repeating on podcasts, in my book, and here in the forums:A good sponsor can deliver the best possible outcome in the face of adversity, and a bad sponsor can screw up a perfectly good real estate deal.  

When I search for a phrase it seems I get results from all forums.2.

Its a risky expensive job.Obviously this is one market but the trend is not positive.

Its a risky expensive job.Obviously this is one market but the trend is not positive.

Folks speak a lot about "boots on the ground" but I think that phrase needs to be further defined.  

Frequently, brokers respond with phrases like, "I can help, let's connect," or similar offers.

If not, maybe I misunderstood how you were phrasing it.

Sounds cool and trendy to say and believe you will fire your boss in a few months from REI.

If its the trendy hot areas, or general "path of progress" and your able to make a trip and go drive around to find that "path" its really the best way.