Sunday december 21st, 2025 - zoom meeting

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CCIA Meeting December 21st, 2025

5:30-8:30pm CT

Part 2:  Exploring Adaptive Reuse in Real Estate

Join us as we continue the discussion on Adaptive Reuse in Real Estate  by highlighting the significant benefits, key success  factors, and common challenges associated with this practice. 

Recognizing improvements that will be valued by buyers, renters, and the community is a big part of the business for most of our members. We all see properties that need help. They are not serving their intended purpose. Sometimes it is simply a case of condition. Other times the original use of the property is no longer valued or viable. It needs to be transformed, but to what?

At this meeting we will be looking at properties that need some imagination, and some repurposing. "What would you do with this?" will be the question of the day.  What would you need to make the property functional again? What would make it valuable enough to be worth the investment?

Adaptive reuse is the  process of repurposing an existing building for a new and often more  valuable purpose while preserving much of its original structure. This  strategy is used to address changing market needs, such as converting  vacant office buildings into apartments, and is driven by economic,  environmental, and social factors. It's often more cost-effective and faster than demolition and new  construction, and it can also provide benefits like historical  preservation and reduced waste. 

Benefits include sustainability, cost-efficiency, and community  revitalization, while success often relies on balancing historical  preservation with modern functionality, strategic planning, and  stakeholder collaboration. Key challenges involve assessing a building's  structural and zoning limitations, and overcoming the complexities of  the project. 

Adaptive reuse is profitable because it can lead to lower construction costs, faster project timelines, and higher property values.  By using an existing structure, developers save on material and labor  expenses associated with demolition and new construction, and the unique  character of older buildings can attract premium tenants and customers.  This approach also allows for potential tax incentives and reduces  market risk, as projects can be strategically located in areas with high  demand. 

• Cultural preservation
• Waste reduction
• Urban revitalization
• Economic stimulation
• Innovative design

If you know of properties that need help and creative ideas, please take a picture of them and have it available to share. The more information you can gather about them, the better. You may end up with ideas from the group that can help you make the transformation and the deal.

Bio

Jane Garvey is an active real estate investor, rental property owner, author, educator, group leader and legislative advocate.  She has a reputation for providing simple solutions for complex problems. She has been investing since 1979 and has experience and knowledge in many aspects of the business including rentals, rehabbing, financial analysis, foreclosures, deal structuring, and much more. 

MEETING AGENDA

5:30PM - Informal Networking

• Informal Networking - open discussion and Q/A

6:00PM - Main Meeting

• Benefits & Updates - with Jane Garvey
• CCIA Announcements
• "A Few Minutes with Steve"
• Have/Want and Property Presentation

6:45PM:  Main Presentation

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