A couple of years ago, I was in Miami for eXp’s national conference—surrounded by dealmakers, visionaries, and more than a few piña coladas. I ran into Jerad Graham, a sharp commercial broker out of Florida, and asked him the question we all ask when we’re sniffing around for opportunity:
“So, what’s keeping you busy right now?”
His answer stopped me cold:
“Multifamily developers. Florida just passed a law allowing commercial properties to be converted into residential without the usual rezoning nightmare.”
Wait. What?
Florida, facing an affordable housing crisis, had passed legislation that cut straight through the bureaucracy. Developers no longer had to deal with zoning changes—just basic city ordinances like setbacks, utilities, and building codes.
I knew immediately: Nevada needed this.
When I got home, I called Assemblywoman Sandra Jauregui and explained how powerful this kind of legislation could be in Nevada—especially with the amount of underused commercial land across Clark County. She was intrigued. I connected her with Jerad and the Florida attorney behind the bill. That conversation lit a fire—and Sandra ran with it.
Flash forward: In 2025, Assembly Bill 241 passed, giving Nevada cities and counties until October 2026 to adopt ordinances that allow commercial properties to be converted into residential or mixed-use housing—without requiring a zoning change.
It’s not perfect—it’s still government—but it opens a clear, fast track for responsible development in areas that need revitalization and density. I’m proud to have been part of the genesis of something that could reshape our housing landscape for the better.
—Pamela Junge, CCIM
Want to dive deeper into AB 241?
Journalist Michael Lyle breaks down how this idea moved from a casual conversation to the Nevada State Legislature. While Pamela Junge helped spark the original concept through early advocacy and connections, this article explores how lawmakers brought it to life: