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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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Latest News
- Three ways the pandemic impacted the housing market long term
- Survey: Construction execs mark legacy scheduling tools and hiring as top concerns amid record industry growth
- Construction employment rises in 40 states
- Opportunity Zone housing markets continue to keep up with broader price gains across nation in third quarter
- Office Evolution’s flexible workspaces address demand from Charlotte professionals
- U.S. foreclosure activity remains steady in October 2023
- Construction sector adds 23,000 jobs in October as unemployment rate falls to 4.0 percent
- Alliance Residential opens Broadstone Optimist Park in Charlotte
- Construction employment rises in 43 states & D.C.
- LISC Launches Second Charlotte Affordable Housing Fund
- U.S. Home-seller profits continue rising as home values hit new highs in third quarter
- CBRE arranges sale of 107,545-SF Three Water Ridge in Charlotte
Features
- CREW Charlotte honors Diana Palecek with Diversity Equity and Inclusion Award
- Seyfarth bolsters Charlotte office with Katie Schwarting
- SCORE Charlotte intake team honored in matching potential new client needs with one of the chapters 72 volunteers
- Bidding Wars – 6 Tips to Help a Homebuyer Win the Bid
- ABC Carolinas Construction Conference Features New SC Chamber CEO, Bob Morgan as Keynote
- How to Buy Your First Home
- Buying and Selling in the time of COVID-19
- PERSONNEL FILE: Peters joins Showcase Realty
- PERSONNEL FILE: Mellor joins Henderson Properties of Charlotte
- REZONING ROUNDUP: Greenway Residential Development seeks rezoning of 12.3 acres
- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
- PERSONNEL FILE: McCarty has joined LS3P
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