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Developers confident about Charlotte’s apartment market (access required)

Developers confident about Charlotte’s apartment market <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Local developers were bullish on the future of Charlotte’s apartment market at Bisnow’s Tuesday morning panel discussion on multifamily communities in Charlotte. Dubbed “New Development and Rezoning for the Future: Charlotte’s Multifamily Boom,” the breakfast at The Westin had more ...

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Building a bubble? Developers plan to add thousands of apartments to the metro area, which has some wondering about overbuilding (access required)

It’s a lot of apartments. There are 7,000 units planned for the Charlotte area, mostly for the area north of the city. More than 1,000 units are under construction, and it’s no wonder why developers are salivating over apartments: Now’s a good time to be in the rental business, thanks to tougher lending practices that make it harder for people to buy homes and a major dip in confidence in owning brought about by the housing market’s collapse.

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