How to Jumpstart Office to Apartment Conversions | Ezra Hammer of Jordan Ramis
Converting offices to apartments.
In this episode of HFO Multifamily MarketWatch, Greg Frick sits down with Ezra Hammer, shareholder at Jordan Ramis PC, to discuss the challenges and opportunities in office to apartment conversions, specifically converting Portland’s vacant downtown office buildings into housing. Portland has made some progress in converting offices to apartments, but these efforts have not yet prompted developers to engage.
Drawing lessons from Los Angeles’ success with adaptive reuse, Ezra outlines what Portland must do—from fixing building codes and zoning policy to incentivizing private capital—to make these projects financially viable and legally feasible.
If you’re a developer, investor, city planner, or care about Portland’s future, this is a must-watch.
See also: From Boardrooms to Bedrooms, How Office Conversions are Changing the Real Estate Game
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