Mar 06 2024 22 mins
In this episode of the Real Estate Mentor podcast, host Jonathan Klunk converses with Cora Henderson, partner and attorney at Pitt & Frank, about the rising trend in office conversions.
We discuss the challenges and opportunities in the real estate sector, highlighting the impact of various factors such as COVID-19, generational wealth building, and the influence of technological advancements like AI on the future of real estate.
The conversation also explores the potential of converting vacant office buildings into residential or multifamily units due to changing work and office culture, the urgent need for affordable housing, and trillions in commercial real estate loans coming due.
We further explores the prospect of converting office spaces into data centers, given the growing necessity for cloud-based solutions.
(00:28) Guest Introduction: Cora Henderson
(00:51) Discussion on Office Conversions
(01:51) Current Landscape of Office Sector
(06:08) Challenges in Converting Office Spaces to Multifamily
(08:20) Potential Investment Opportunities
(13:42) Impact of AI and Cloud Computing on Real Estate
(18:58) Future of Energy Projects
(20:42) Closing Remarks and Future Opportunities
More about Cora Henderson
Cora Henderson is a partner at Pitt & Frank, specializing in residential and commercial real estate closings, contract disputes, 1031 exchanges, and estate planning. She received her Bachelor of Science in Business Administration-Management from the University of Louisville, and graduated cum laude from the Brandeis School of Law. Cora has faithfully served as a board member for Mortgage Bankers of Louisville, Mortgage Bankers of Kentucky, GLAR education faculty, GLAR Board Forms committee, Kentucky Realtor Institute educator, and was the 2019 recipient of the Nat Sanders Educator of the Year. She is also a part time instructor for the University of Louisville teaching Real Estate Law.
Info:
Website - www.pittandfrank.com
Instagram - @Pitt.and.Frank
Facebook - PittandFran
LinkedIN - https://www.linkedin.com/company/pitt-and-frank
🎤 Podcast post-production by EZPZ Podcasting.