Converting Commercial to Residential: ‘High-Risk, High Return’
Schwab Network · Schwab Network
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Show Notes
Allan Swaringen discusses converting commercial real estate to residential. He says this only happens when these office buildings become “obsolete,” and the Covid-19 pandemic sped up this cycle. “This is kind of a high-risk, high-return venture,” he explains, and goes into detail about what his team looks for before renovating a building. He also talks about types of industrial buildings that are seeing high demand as well.
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