Multifamily housing

May 24, 2023

Multifamily fundamentals begin to stabilize in Charlotte market 

The U.S. multifamily sector is beginning to stabilize as vacancy rate expansion and negative absorption ease—trends that are expected to continue in 2023, while Charlotte sees positive net absorption and […]

Jun 7, 2021

Multifamily Absorption Surprisingly Strong in 2020, Says Yardi Matrix 

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi® Matrix Bulletin.  Around 252,000 apartment units were absorbed last year. That’s […]

Jun 1, 2021

Elevation Real Estate Group And Great Lakes Capital To Build Granger Village, a 204-unit Multi-family Development In Mooresville

Elevation Real Estate Group, a Charlotte-based real estate company, in partnership with Great Lakes Capital, recently completed the purchase of 18.6 acres of land at the southeast corner of Charlotte […]

Dec 7, 2020

Multifamily Move-Ins Rebounded in September As Leasing Concessions Reached New Peak

  Some facets of multifamily leasing stabilized in September while others reflected continued impact from the COVID-19 pandemic, according to the latest report from Proptech firm MRI Software (“MRI”).  Notable […]

Apr 30, 2020

Rent Payment and Resident Sentiment Data for May Reveals a Window of Opportunity for Multifamily Housing Property Managers

The national COVID-19 Resident Sentiment Report released today by Grace Hill reveals that many more renters are unsure about their ability to pay May rent as the economic impact of […]

Jul 29, 2019

U.S. Multifamily Market Seen To Remain Strong In 2019

  After posting significant gains in 2018, the U.S. multifamily market is expected to show continued strength this year, amid swelling demand among younger adults for rental units and investor […]

Apr 4, 2019

Renovation of Multifamily Properties Helping to Meet Housing Demand

Multifamily owners and managers who expect a high rate of return and an increase in the value of their assets are achieving their financial goals by upgrading the functionality and […]

Feb 22, 2019

Yardi Matrix Report: U.S. Multifamily Sector Riding a Robust Cycle

Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December, unchanged from the previous month, capped a year in which rents grew […]

Feb 28, 2017

Luxury multi-housing development coming to Uptown

Holliday Fenoglio Fowler, L.P. (HFF) has announced that it has arranged joint venture equity and construction financing for the development of Montage, a six-story, 302-unit, luxury multi-housing development in Uptown […]

Jun 24, 2016

Stop that! Except you, don’t stop…

Property developers are a competitive bunch, and none more so than those currently participating in the multifamily market in Charlotte. So when Lou Davis, director of Cortland Partners, was speaking […]

Jun 23, 2016

Panel: Multifamily cooling off

The multifamily construction boom in Charlotte has been burning like wildfire in the past few years, but panelists at a Bisnow breakfast Thursday said the smoke may be beginning to […]

May 4, 2016

Monroe approves age-restricted apartments

The Monroe City Council voted 5-2 Tuesday to approve a conditional rezoning petition to build 60 age- and income-restricted apartments at Venus Street and Sutton Place. Brock Ventures Inc. and […]

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