Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Commercial Real Estate Market
In this episode, Lucas and Luna explore how declining birth rates and smaller households are transforming commercial real estate. They focus on the rise of adaptive reuse — converting vacant office towers and retail spaces into residential units — and examine a specific case: the conversion of a 1980s office building in downtown Cleveland into 200 apartments. Lucas cites data from a 2025 JLL report showing that adaptive reuse projects in the U.S. increased by 34% year-over-year, driven by shifting demographics and remote work. Luna challenges whether zoning and financing hurdles will limit…
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