As remote and hybrid work become the norm, converting vacant offices into housing has gained attention from owners and policymakers. While this is still a niche market, a new tool from CommercialEdge, the Conversion Feasibility Index, highlights a larger-than-expected pool of candidates for conversion potential. The CFI uses a weighted scoring system to evaluate factors such as building age, location, size and accessibility, categorizing buildings into three tiers based on their suitability for conversion.
Source: https://www.orionprop.com/topfive/expanding-office-to-housing-conversion-potential/
