Latest / The TreppWire Podcast: A Commercial Real Estate Show
423. The Office-to-Resi Conversion Boom is Just Getting Started with Joey Chilelli, Vanbarton Group
In this special guest episode of the TreppWire Podcast, we are joined by Joey Chilelli, partner at Vanbarton Group and one of New York City's most active office-to-residential conversion developers. Joey makes the case that the split between Class A space and everything else is structural rather than cyclical, walks through how Vanbarton has underwritten conversions since 2011, and explains what actually determines whether a building pencils, from going-in basis to exit on a per-unit level. He also covers the timeline advantage over ground-up development, how the lender group has widened from…
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