Trends
Office-to-residential conversions have surged 357% since 2021 as billions in commercial mortgages come due
Pandemic work-from-home trends have left countless office buildings empty, crushing property values as rates rise and loans come due.
The number of offices being converted into residential properties has skyrocketed since 2021.CHARLY TRIBALLEAU/AFP via Getty Images
- Office-to-residential conversions are 357% since 2021, ac… [+2997 chars]
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