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Hines Takes On the Improbable Office-to-Resi Play

Deconstruct

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Why You Shouldn't Convert Existing Office Buildings

Whether or not a landlord wants to sell at a reasonable price is another issue entirely. And that idea of what the existing value is can really impact whether or not people think these projects are going to work. If they're overvaluing the asset right now, then that kind of costs drags on the pro former.

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