BALLANTYNE – At any age, J.C. Underwood is a one-man wonder. Seventy-six next month, Underwood is executive director of the nonprofit Metrolina Real Estate Investors Association, meaning he runs the office in Carmel Commons pretty much single-handedly, and he’s president ...Read More »
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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.
Tagged with: American Homes for Rent blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun national association of real estate investment trusts national real estate investors association oakmont homes RealtyTrac rentrange robert shiller The American Home Tom PearsonRead More »