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Los Angeles Adaptive Reuse & Repositioning

Revitalizing underutilized products for greater returns

Event Ended On: Tuesday April 11 2023

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Speakers and Panels

The Execution Process: Ins & Outs of Flipping & Pivoting

Key drivers to get the best ROI, construction strategies & creative financing

Chris Tourtellotte

Chris Tourtellotte

Managing Director, LaTerra Development
Evan Richardson

Evan Richardson

President, Reaume Richardson

The How & When: Repositioning at its Finest

Feasibility, permitting, zoning, and mitigating risks

PROJECTS TO BE DISCUSSED

These are some key projects in the area that our panelists will be discussing. Read more about these developments by clicking on the links below.

 

Venue

City Club LA
555 S Flower St
Los Angeles 90071

Ballroom: Harbor room/Hollywood room - floor 51


Parking Information:

Valet parking address: 515 S. Flower street, Los Angeles 90071.

They will validate each guest’s parking @ $8 for the first 3 hours. Then it becomes the regular posted rate of $4.50 every 10 minutes with a daily max of $42.50. 

Please click HERE for Parking Information.

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Agenda

Time Activity
8:00 AM
9:00 AM
Breakfast & Networking
9:00 AM
9:45 AM
The How & When: Repositioning at its Finest
- How to successfully convert underutilized products into profitable assets
- When is the best time to deploy capital and determine whether the building is ready for a profitable repurposing?
- Fighting the affordable housing crisis through adaptive reuse: How can you utilize the incentives to your benefit?
9:45 AM
10:00 AM
Networking Break
10:00 AM
10:45 AM
The Execution Process: Ins & Outs of Flipping & Pivoting
- What are the key drivers to get the best ROI when repurposing?
- What are the most cost-effective and thoughtful construction strategies to execute these projects?
- What are some of the ways to creatively finance these projects?
10:45 AM
11:15 AM
Closing Networking

Why You Can't Miss This Los Angeles CRE Event

What You’ll Learn About Adaptive Reuse & Repositioning:

  • What are some of the most noteworthy repositioning projects underway in Los Angeles?
    • What strategies have developers and investors implemented to generate higher returns on these projects?
  • What benefits do adaptive reuse projects offer an investor, equity partner, or developer compared to a traditional ground-up development?
  • Which buildings are most amenable to repositioning at a feasible price point and undertaking the complexities of conversions?
  • On a county level, a recent study suggested that the region could add more than 70,000 housing units via property conversions. Can we fix Los Angeles’ affordable housing crisis through repositioning?
  • What are some of the main challenges of repositioning and adaptive reuse?
    • How do developers overcome these challenges?
  • What is the process for converting an underutilized building into a residential product?
  • What are some design trends that play a key role in conversion projects?

 

How You’ll Do More Business From Attending This Event: LA prides itself on having the highest number of future residential conversions overall, with more than 4,300 apartments set to be redeveloped as of 2022. The adaptive reuse trend has accelerated as developers and owners look for alternatives to repurpose their underutilized office, retail, and hotel products. The state’s decision to set aside $400M to offer developers incentives to convert office buildings to affordable housing units pushed it to even greater heights. Join us as we discuss and analyze everything you need to know about repositioning and adaptive reuse within the Los Angeles region.

 

Who You’ll Meet During Networking: Owners, developers, investors, brokers, city and government officials, business consultants, architects, engineers, lawyers, accountants, and bankers.

  

What Does Your Ticket Get You: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

 

For questions, recommendations, comments, or press inquiries please email our Event Producer, Bora Altunay at bora.altunay@bisnow.com.