A place to call home: Converting a vacant office building to affordable housing

April 2025

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Rob Likes:

If you are an office building owner or landlord or operator, and you are thinking about converting it into affordable housing, please reach out and talk to us.

I’m standing in front of this project that we are financing that will convert this vacant office building into 88 units of affordable housing.

We’re a vertically integrated platform, really providing all the different capital sources, the loan for the construction, the redevelopment, the equity investment, and the permanent loan offering. If it’s a bond deal, a bond underwriting, a placement, a bond sale, we’re here to help.

We’d love to talk to you. Please reach out to KeyBank and our community development lending investment platform.

Solutions for vacant office space while also investing in your communities.

Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.

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