A Silver Lining for Denver’s Office Market: Opportunities in Office-to-Apartment Conversions
As Denver’s office market faces increasing vacancies, more property owners are opting for office-to-apartment conversions. With 1,398 units set for conversion this year—up 55% from 2024—this trend reflects a larger nationwide shift. The surge in conversions is driven by high office vacancies, which hovered at 30% in the fourth quarter of 2024, leading owners to