Updated over 2 years ago on . Most recent reply
Hotel to Apartment Conversion
Hi BP Community,
Would love to discuss the hotel to multi conversion play with fellow investors who have considered or have completed a similar type of project. Strongly believe this trend will only grow in the coming years as hotels are currently oversupplied and MF undersupplied. We are currently negotiating our first PSA for such project now.
Look forward to connecting!
Most Popular Reply
Hey @Sean Banilivy. David Peters at First Floor Equity does some rehabs on hotels, and I believe he converts them into multifamily housing (I'm not 100% clear on the specifics, but you can find him on LinkedIn). I'm sure he'd love to talk.