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TikToker mocks 'triggering' $520,000 California apartment that was converted from unused office space - Vimarsana News

TikToker mocks 'triggering' $520,000 California apartment that was converted from unused office space

‘I think living here would be just as soul-crushing, if not more soul-crushing, as working here,’ she claims

Streeterville apartment building sells for $55M as complexes fetch low prices amid interest rate hikes - Vimarsana News

Streeterville apartment building sells for $55M as complexes fetch low prices amid interest rate hikes

The Vanbarton Group sold Streeterville’s historic The Seneca, a 267-unit apartment building at 200 E. Chestnut St., for $55 million, according to Cook County…

Source: biztoc.com
Streeterville apartment building sells for $55M as complexes fetch low prices amid interest rate hikes - Vimarsana News

Streeterville apartment building sells for $55M as complexes fetch low prices amid interest rate hikes

The Vanbarton Group sold Streeterville’s historic The Seneca, a 267-unit apartment building at 200 E. Chestnut St., for $55 million, according to Cook County property records. That’s a big markdown for the New York-based investor, which paid $74.8 million for the 16-story tower in 2014, but taking such hits is not unusual these days. Even though Chicago’s downtown apartment sector is healthy ...

Source: yahoo.com
Cities reviving downtowns by converting offices to housing - Vimarsana News

Cities reviving downtowns by converting offices to housing

A growing number of developers are considering converting empty office towers into housing as part of an effort to revive struggling downtown business districts that emptied out during the pandemic.

Will Changing Offices to Housing Help the US Market? - Vimarsana News

Will Changing Offices to Housing Help the US Market?

Officials in many American cities say they want companies to turn empty office buildings into housing. These housing plans, known as office-to-housing conversions, can help downtown business areas that became empty as a result of the COVID-19 pandemic.