March 04, 2024

Commercial-to-Residential Property Conversions: Financing Options, Tax Credits, Government Incentives

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Strafford

On Monday, March 4, Hilary Atzrott Hamburg presented the webinar “Commercial-to-Residential Property Conversions: Financing Options, Tax Credits, Government Incentives” with Stuart M. Saft, Partner, New York Real Estate Practice Group Leader, and Co-Chair of Condominium Development and Conversion Team at Holland & Knight, for Strafford. The panel examined the benefits and risks of converting or repurposing distressed commercial property into residential space. It also discussed the legal and financing challenges and opportunities and how tax credits and government incentives can make conversion a viable option for certain properties.