Tag: apartments
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NC Report Predicts 700,000 Housing Units Needed by 2029
A recent report by the NC Chamber Foundation, in collaboration with the North Carolina Home Builders Association and NC REALTORS®, reveals a significant housing shortage in North Carolina that spans all income levels and regions. The study projects that between 2024 and 2029, the state will experience a 5% increase in households, equating to 218,160…
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Raleigh Sees Record Breaking Apartment Demand….. Workforce Housing supply remains strained
Raleigh’s apartment market is experiencing historic levels of demand, with net absorption reaching an all-time high in 2024. According to CoStar, the city absorbed nearly 8,600 units, more than double its typical annual average. While absorption is expected to moderate in 2025, demand will still remain above historical trends, fueled by strong population growth and…
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North Carolina Megasites
North Carolina benefits from a host of entities working on economic development. Economic development drives population growth and prosperity, which positively impact our real estate acquisition targets: Apartments and Bread-and-Butter Retail. A megasite is a large, strategically prepared parcel of land—often hundreds or even thousands of acres—designed specifically to attract large-scale industrial, manufacturing, or logistics…