Commercial real estate Sacramento area
Is anyone seeing an increase of repurposing commercial to residential properties in the greater Sacramento area?
What are your thoughts on commercial real estate in the manufacturing, retail & non dwelling buildings?
I'm just doing research so any feedback is appreciated
Thanks
Most Popular Reply
Hey Alan, I'm a local broker, investor, and PM (100+ STR/MTR listings).
I’ve been very interested in “adaptive reuse” for a while now and saw the Biden admin’s new policies aimed at increasing these projects in October. Currently taking a development program through Cornell U with the aim of preparing myself for this kind of involved project.
There is definitely an increase in vacant stock all over California. Now would be a good time to get serious about this trend in my estimation. Commercial is down and residential is up.