When renovating a building into a seniors housing facility, the main concerns include location, cost and complexity of the redo—and developers are finding opportunities in an unlikely category: former schools.
As local governments have cut budgets across the country and education reforms continue to be implemented, a glut of public school closings has built up. At the same time, the Pew Charitable Trusts research study
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.
Already a member? Log in.