April 18, 2026

Philadelphia Is Converting More Offices to Apartments Than Any Other City in the Country

By Josh McKnight | The McKnight Team No city in the country grew its office-to-apartment conversion pipeline faster than Philadelphia over the past year. According to a new report from RentCafe, the Philadelphia metro area's pipeline of office-to-residential conversions jumped from 1,200 units to 2,697 units between February 2025 and February 2026. That is a 119% increase year over year — the highest...