The Challenges of Converting Vacant Office Space into Apartments

On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Andrew Hinton, who is nearing completion of an office to apartment conversion, about his experiences, both good & bad.  Andrew discusses his challenges working with architects, engineers, and city inspectors, and the delays he’s encountered along the way. He also shares the silver lining that makes it all worthwhile.

One of the after effects of the Covid-19 pandemic has been an increase in people working from home, and a decrease in the need for office space. This has had a dramatic effect on office buildings as an asset class and continues to be a problem with only half of the workforce returning to the office.