MIAMI—Columbia Residential has built its business with a steady flow of affordable housing and recently launched a new venture focused on non-LIHTC opportunities in the Southeast. Columbia also undertook the comprehensive adaptive re-use of the Imperial Hotel in Downtown Atlanta, so its executives are well-positioned to discuss the trends adn challenges.

We caught up with Jim Grauley, president and COO of Columbia, to get his take on the multifamily sector and adaptive re-use trends. Come back this afternoon for part two of this exclusive interview, which will dive deeper into adaptive reuse insights.

GlobeSt.com: Do you see any major changes occurring in multifamily development with interest rates rising?

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