Adaptive Reuse: Turning Blight Into Bright
Welcome to the next installment in the Commercial Real Estate Insights series. These reports, created in partnership with the Alabama Center for Real Estate, represent CCIM Institute's commitment to providing thought leadership at the highest level to the industry during a time of historic change.
In this report, K.C. tackles adaptive reuse - an increasingly common but misunderstood and under-analyzed property segment. As I've had the privilege of traveling around the world on behalf of CCIM, I've witnessed this as a global phenomenon; from turn-of-the-century warehouses to castles to train stations, developers and investors have untapped enormous value from obsolete building stock. This report represents the first step in the Alabama Center for Real Estate's effort to redefine and quantify adaptive reuse, elevating it as a distinct product category within commercial real estate. We expect their efforts to result in increased adaptive reuse investment and development activity, and ultimately a stronger, more resilient commercial real estate industry.
Amazon HQ2: A Reset Button for Site Selection
This year, CCIM Institute is thrilled to announce a new partnership with the Alabama Center for Real Estate to bring you our new Commercial Real Estate Insights series. Since its founding more than 50 years ago, CCIM Institute has been a force and a champion of careful financial, market, and investment analysis, and fiduciary-level professionalism in all phases of the commercial real estate transaction. With this inaugural report, the Institute renews its commitment to providing thought leadership at the highest level to the industry during a time of historic change.
To ensure success, we have invited K.C. Conway to author these white papers and to serve as CCIM Institute chief economist. K.C. previously served as chief economist for Colliers International - US, and he is a regular advisor to the Federal Reserve, FDIC, FHLB, and top commercial real estate organizations.