Real estate developer Emily Hubbard looks at old motels in crime-ridden pockets of the region and sees “unicorns” that offer unusual opportunities for developers. While it can take years to build housing units, motel rooms can be tenant-ready in a matter of months since they only need slight tweaks.
Hubbard is on a mission to increase the nation’s housing stock from her Kirkland, Washington-based office, but commercial real estate wasn’t originally in her career plans.
The 34-year-old entered…
