Vulcan's Rollin Street Lofts being converted to apartments.

Everything is a cycle in real estate and it follows supply and demand. Just a couple of years ago many apartment buildings were being converted to condos due to demand. Now, some of those with poor sales are converting back to apartments. I've talked to 2 different developers who bought buildings with the intention to fix up and convert to condos. They bought, they fixed up and now are selling as an apartment/investment building. Vulcan's Rollin Street Lofts on Westlake and Denny are converting to apartments since they had low sales and now there is a higher demand for rental housing. It's just a cycle... Click here to read the entire Seattle Times article on Rollin Street Lofts.