Office-to-Residential Conversions

On Tuesday, July 25, 2023, HUD’s Office of Policy Development and Research (PD&R) will host a virtual PD&R Quarterly Update on Office-to-Residential Conversions. After a housing market update from PD&R’s Kevin Kane and a data spotlight segment from PD&R’s Veronica Helms Garrison, Tracy Hadden Loh from Brookings Metro will provide keynote remarks. The event will then feature two panel discussions. In the first panel, developers will discuss the nuts-and-bolts of how to convert office space into residential units, and the second panel will explore how policymakers can create tools to facilitate successful conversions in downtown markets.

Update on U.S. Housing Market Conditions

Kevin Kane, Chief Housing Market Analyst, Economic Market Analysis Division, PD&R/HUD

Keynote Remarks

Tracy Hadden Loh, Fellow, Brookings Metro, Anne T. and Robert M. Bass Center for Transformative Placemaking

Panel: Design, Construction, and Financing Challenges and Opportunities

Moderator: Aaron Shroyer, Senior Advisor, PD&R/HUD
Phil Aftuck, Director of Investments, The Bernstein Companies
Steven Paynter, OAA, ARB, Principal, Gensler Toronto
Steve Smith, AIA, Principal at Cooper Carry

Panel: Policies to Facilitate and Promote Office-to-Residential Conversions

Moderator: Kera Package, Chief of Staff, Office of Community Planning and Development, HUD
Sean Campion, Director of Housing and Economic Development Studies, Citizens Budget Commission
Maurice D. Cox, Commissioner, Department of Planning and Development, City of Chicago
Yesim Sayin, Executive Director, D.C. Policy Center