Don't Tear It Down.
Retool It.
The Office Apocalypse meets the Silver Tsunami.
We convert distressed mid-rise office buildings into vibrant Active Adult (55+) communities.
Office Owners
Stop bleeding cash on vacancy. Request a conversion feasibility study.
Submit PropertyNot a Nursing Home.
A Lifestyle Hub.
Traditional office buildings have one massive advantage over apartments: Public Space.
We don't just chop up offices into apartments. We utilize the soaring atriums and expansive lobbies to create a "Grand Social Hall." Coffee bars, pickleball courts, and lounges replace security desks. This is the #1 selling point for the lonely senior demographic.
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No Medical Regulation This is age-restricted multifamily. No nurses, no heavy licensing.
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ADA Compliant "Bones" Office elevators and wide hallways are already built for seniors.
The "Goldilocks" Asset
Not every office building works. We hunt for specific architectural features that make conversion cost-effective.
Shallow Floor Plates
We target buildings with a depth of 60-80 feet. This ensures every unit has large windows. Deep, square buildings create windowless cores, which are useless for residential.
Double-Loaded Corridors
Buildings with a central hallway and rooms on either side (like a hotel layout) are the "Holy Grail." They minimize the cost of running new plumbing and electrical stacks.
Walkable Amenities
Seniors want independence. The asset must be within 0.5 miles of a grocery store, pharmacy, or coffee shop. Suburban office parks near retail centers are ideal.
Why The Numbers Work
Acquisition Basis
$60 / Sq Ft
Distressed Office Price
Conversion Cost
$120 / Sq Ft
Hard & Soft Costs
Total Basis
$180 / Sq Ft
vs. $350+ for New Build
"We are delivering a brand new product at 50% of replacement cost. This is the only way to offer affordable rents to the middle market."
Start Your Conversion Project
We identify the assets, handle the feasibility studies, and connect you with the contractors.
Adaptive Reuse Advisors
Priyanshu (Pri) Adathakkar
Rob Calabro