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Tag Archives: Metrolina Real Estate Investors Association

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Institutional investors still buying up Charlotte market, but in smaller numbers (access required)

Institutional investors still buying up Charlotte market, but in smaller numbers <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Institutional investor activity in the Charlotte metro housing market was up in January from the month before, but dropped from the previous year at the same time, according to a new report by RealtyTrac. The share of all residential purchase ...

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Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes (access required)

Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.

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