There is often palpable excitement around the idea of converting underperforming office space into multifamily housing. It's a strategy that screams "win-win" for many involved.
However, a panel on Tuesday at the National Association of Real Estate Editors in Atlanta spoke much more cautiously, if not pessimistically about how this could be a game-changer or even the lifesaver for office space.
Julie Whelan, CBRE; Dougal Cameron, Cameron Management; Ed Cross, Cross & Co. and Jamie Woodwell, Mortgage Bankers Association, addressed the issue with Biznow's Jon Banister as moderator.
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