MB 269: Repositioning Hotels as Multifamily Assets – With Serge Shukhat

RepositioningHotelsasMultifamilyAssestsWIthSergeShukhat

COVID decimated the hotel industry, bringing property values down significantly. And now, savvy real estate investors are buying distressed hotels on the cheap and converting them into multifamily properties. Today, Serge Shukhat shares his innovative approach to repositioning hotels as apartment buildings, describing the benefits and barriers to entry of this nontraditional multifamily play!