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- šļø Adaptive Reuse: From Senior Living to Multifamily
šļø Adaptive Reuse: From Senior Living to Multifamily
Meet the Treadmill That Fits Into Your Summer
The Aviron Victory makes it easier to stay consistent, even during busy, sun-filled days. With science-backed, gamified workouts and endless entertainment options, it fits your life and keeps you moving. Explore scenic routes, compete in games, or stream your favorite shows ā all from home.
š Data Point
Adaptive Reuse: From Senior Living to Multifamily
West Hartford, Connecticut, has approved the redevelopment of a former senior living facility into 108 multifamily homes. This project reflects a broader national trend of adaptive reuse, where underused institutional and commercial buildings are being converted into residential units. It addresses housing demand while limiting the need for new construction footprints.
š§ Market Watch
Northwest Washington Sees Development Push
Crux Commercial Partners secured a $3 million construction-to-permanent loan for a new multifamily project in Northwest Washington. The area has been drawing attention for its rental demand, relatively lower land costs, and growing population. The financing structure supports long-term ownership, signaling confidence in the marketās stability.
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š§¾ Rule of the Day
Vacancy Loss
Vacancy Loss refers to the income a property owner loses due to vacant units. It's typically calculated as a percentage of the potential gross income.
Investors use it to model expected revenue under non-ideal conditions. A high vacancy loss can signal weak market demand or poor property management. It's a key input in forecasting cash flow and setting reserve requirements.
š± Green Build
Practical Steps for Greener Properties
Raiven outlines strategies to improve energy efficiency in multifamily housing, including bulk purchasing of ENERGY STAR-certified appliances, LED retrofits, and water-saving fixtures. These steps not only cut operational costs but also appeal to eco-conscious Cleveland, TNgreen procurement across portfolios is becoming a common approach among mid-sized property owners. Know more.
š Deal Radar
Cleveland, TN Washington Commons is a two-storey property consisting of a total of 56 units. It has a good mix of 1,2, and 3-bedroom units, and is located just outside downtown Cleveland. | Rochester, NY This is a 72-unit apartment building located in Rochesterās East End neighborhood. Built in 2016, it offers an excellent opportunity for growth and profitability. | Milwaukee, WI The Kenmore is a 16-unit apartment located at a walking distance from Marquette University. Each unit is a large three-bedroom unit with individual furnaces. |
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