The pandemic’s disruption of the housing and hospitality markets has created an opportunity for developer Richard Rubin to buy permanently closed hotels and convert them into apartments for middle-income workers, a demographic he said is underserved.
Shuttered Hotel To Get New Life as Affordable Apartments — For Less Than $5 Million
Developer Cites Advantages of Private Financing in Strategy To Meet US Housing Gap
CoStar News
January 14, 2021 | 3:10 P.M.
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IN THIS ARTICLE
- Properties
- Webster Hotel & Suites
4205 Hatch Blvd, Sheffield, AL
- Plato's Cave
3524 Keeter St, Branson, MO
- Companies
- Repvblik, LLC
Real Estate