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The Hidden Costs of Office-to-Residential Conversions: How to Avoid Budget Killers

By Judah Clark, Founder & CEO of Presto Restoration Why the “Paper Numbers” Often Lie On paper, acquiring a distressed office building at a 90% discount looks like a home run. But after nearly 30 years in commercial building restoration, I’ve seen how “great deals” can quickly turn into budget nightmares. The most common mistake?…

Office-to-Residential Conversions: What Developers Need to Know About Exterior Restoration

By Judah Clark, Founder & CEO of Presto Restoration The Rare Window of Opportunity in Commercial Real Estate Across the country, we are witnessing a fundamental shift in the commercial landscape. High-vacancy office buildings that once commanded premium prices are now trading at steep discounts, in some cases, more than 90% below previous valuations. This…