Real Estate Shifts: Jacksonville’s Major Sales and NYC’s Conversion Boom

Explore the latest in real estate as Jacksonville sees significant commercial sales, including the massive Flagler Center Citigroup campus transaction. Meanwhile, New York City is transforming its skyline with a surge in office-to-apartment conversions, addressing housing shortages and revitalizing urban spaces. Discover how these developments are reshaping local economies and urban living.

Sources:
https://www.jaxdailyrecord.com/news/2025/jan/30/top-commercial-sales-of-the-week/
https://www.biv.com/news/vancouver-cap-rates-stable-despite-whirlwind-of-economic-uncertainties-10149933
https://nypost.com/2025/01/29/real-estate/office-to-apartment-conversions-booming-nyc-thanks-to-new-city-measures/
https://www.bisnow.com/denver/news/capital-markets/denver-commercial-real-estate-capital-markets-expert-insights-127791

Outline:
(00:00:00) Introduction
(00:00:38) Top commercial sales of the week
(00:04:13) Vancouver cap rates stable despite whirlwind of economic uncertainties
(00:07:21) Office-to-apartment conversions are booming in NYC and this is why
(00:10:52) Capital Returns To Denver's Real Estate Market