NC Capital Group
“We Invest in Apartments and “Bread & Butter” Retail in North Carolina”
Our mission is to create a diversified portfolio of North Carolina real estate assets which produce income, appreciation, tax benefits, and attractive returns for our investors and ourselves.
Our team has over 75 years of experience creating real estate wealth by acquiring, developing, improving, leasing and managing apartments and “bread & butter” retail properties in North Carolina and surrounding states.
Recent Blog Posts
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2024 State of Downtown Raleigh Report
Downtown Raleigh Alliance publishes an annual State of Downtown Raleigh report. See the report here. I look forward to this report every year. They do a great job pulling together economic, demographic, and development data and presenting it in a dynamic visual manner. Looking at these data-driven graphics makes me excited about Raleigh and where…
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North Carolina Recognized by Business Facilities Magazine 2024 Rankings
Business Facilities magazine ranks states on factors of concern for business seeking to locate a facility or expand their presence. Once again, North Carolina shows its desirability on a number of dimensions. An attractive business climate is good for the future of real estate investments. North Carolina 2024 Rankings external links Business Facilities’ 20th Annual…
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North Carolina fairs well in Business Facilities Magazine Annual Rankings
As in the past, cities in North Carolina received favorable mentions in Business Facilities 2024 rankings of metropolitan areas for attracting and retaining businesses. New and expanding businesses leads to jobs, which leads to increased population, which leads to demand for real estate. Raleigh Charlotte Other NC Mentions external links Business Facilities 20th Annual Metro…
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IDEXX Laboratories to invest $147M in Wilson NC
IDEXX Laboratories has announced plans to build a new $147 million manufacturing facility in Wilson, North Carolina, creating 275 new jobs. This facility will focus on producing veterinary diagnostic products, further expanding IDEXX’s global footprint in pet healthcare innovation. The average compensation for the new positions is projected to be $65,873, which is higher than…
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$1.4B Battery Gigafactory for Edgecomb County
Natron Energy to invest $1.4 billion in a sodium-ion battery manufacturing plant at the Kingsboro Megasite in Edgecombe County, North Carolina. This investment is expected to create over 1,000 jobs, with an average wage well above the local median, directly impacting employment in Rocky Mount and surrounding areas. Over a 12-year period, the project is…
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$8.7M Federal Grant for Smoky Hollow Park in Raleigh
Smoky Hollow Park has been in the works for a long time. Situated on the north end of the Glenwood South District, it will have a huge impact on the whole downtown area. It’s great to bring federal dollars to Raleigh. But the bigger economic impact will be continued migration into the city because of…
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Drywall and paint are almost done
Drive to Fayetteville today to check on a renovation. I’d love to have the renovation done and listed for rent in three weeks.
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Jewelers Mutual to Sparkle in Raleigh
Raleigh is adding another gem to its crown! Jewelers Mutual Insurance Company is bringing its sparkle to the Triangle with plans to establish a new innovation hub in the city. This exciting development will create 200 new jobs over the next five years, focusing on data-driven solutions to enhance the customer experience. Mutual indicated that average wages…
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Morinaga to Expand Manufacturing in Mebane, NC
Morinaga is expected to expand their investment in Mebane with $136M for a new facility. The company will manufacture their Hi-Chew candy and create 100 new jobs. External resources Morinaga Announces Major Expansion at Orange County SiteHi-Chew candy maker Morinaga creating 200 jobs, building second Orange County factory
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Finishing up bathroom renovation
Unit #2 in my 1970s two-duplex renovation is coming along nicely. I’m really impressed with the tile work – only one broken towel holder in fifty years of use. Yellow with brown accent isn’t what I’d pick today, but it has a great retro feel. Replaced some galvanized pipe for the sink, new light fixture…