Adaptive reuse is emerging as a more structured and institutionalized investment strategy. Jonathan Curtis, managing partner at Cedar Street Partners, discusses how institutional investors are approaching adaptive reuse, where they are finding opportunities, how they are underwriting execution risk and why the strategy is becoming a more permanent component of real estate portfolios.
How are institutional investors approaching adaptive reuse as an investment strategy in today’s market, and what is driving increased interest in the space?
Institutional investors and developers are increasingly establishing dedicated investment strategies and operating platforms focused on adaptive reuse, rather than approaching these projects on a purely opportunistic, on
