input.translation<p>"From 2021 to 2024, the number of <a href="https://ieji.de/tags/apartments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>apartments</span></a> scheduled for conversion from old office spaces increased from 12,100 to 55,300.</p><p>Behind this shift lies a crucial factor: the $150 billion in office <a href="https://ieji.de/tags/mortgages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>mortgages</span></a> due by 2024. As residential space demand surges, <a href="https://ieji.de/tags/developers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>developers</span></a> are leaping at the chance to repurpose these aging giants. Currently, office <a href="https://ieji.de/tags/conversions" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>conversions</span></a> represent a staggering 38% of the 147,000 apartments in future <a href="https://ieji.de/tags/adaptivereuse" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>adaptivereuse</span></a> projects."</p><p><a href="https://ieji.de/tags/realestate" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>realestate</span></a> <a href="https://ieji.de/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://ieji.de/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a></p><p><a href="https://www.rentcafe.com/blog/rental-market/adaptive-reuse-office-to-apartments-2024/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">rentcafe.com/blog/rental-marke</span><span class="invisible">t/adaptive-reuse-office-to-apartments-2024/</span></a></p>