What You Need to Know About the Hotel-to-Multifamily Trend

One of the trends that emerged during the pandemic was turning hotels into multifamily, and it is a trend that still works well today. Many of these businesses have struggled during COVID and when you look at the costs, it makes so much more sense to convert existing establishments into multifamily versus developing new buildings.

Watch this video to learn more about the hotel-to-multifamily trend and why it still works in today’s market!

Key Talking Points of the Episode

00:00 Introduction
01:05 How did the pandemic support the hotel-to-multifamily trend?
02:13 Why is hotel-to-multifamily a good investment strategy?
03:27 What makes the hotel-to-multifamily strategy sensible in today’s market?
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Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.

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