Tag: NC Development
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Raleigh, Charlotte, and Jacksonville Earn National Recognition in 2025 Business Facilities Report
North Carolina’s cities are once again in the national spotlight, earning top placements in the 2025 Business Facilities Metro Rankings across multiple categories. From Raleigh’s #1 ranking for Best Business Climate to Charlotte’s position as a fintech leader, these recognitions highlight the state’s strong economic momentum and the opportunities it creates for housing and retail…
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Biogen’s $2 Billion RTP Expansion Bolsters Life Sciences—and Real Estate—in the Triangle
Biogen is doubling down on North Carolina. In a major economic development announcement, the global biotechnology leader will invest $2 billion to expand its manufacturing footprint in Research Triangle Park (RTP), strengthening the state’s position as a top-tier life sciences hub and creating new real estate opportunities across Wake and Durham counties. Biogen’s Expansion: $2…
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Prolec GE’s $140 Million Expansion Powers Growth in Goldsboro
Prolec GE Waukesha’s latest expansion in Goldsboro, North Carolina, marks a major milestone in the region’s industrial evolution. With a $140 million investment and 330 new jobs on the way, this move is powering more than transformers—it’s energizing the local economy, real estate market, and long-term investor confidence. Major Investment, Major Impact The project will…
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Duplex vs Syndication: Why a $50,000 Investment Shines in Syndication
Investing $50,000 in real estate can open doors to wealth-building, but the vehicle you choose matters. A duplex purchase and a real estate syndication offer distinct paths, each with merits. However, syndication often emerges as the superior choice for investors seeking diversification, passive income, and scalability. Let’s compare the two and highlight why syndication stands…
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Four Reasons to Invest in North Carolina Real Estate
At NC Capital Group, we believe that strategic real estate investing starts with choosing the right market. North Carolina continues to stand out as one of the best places to invest — offering a rare combination of economic strength, steady growth, and livability that is hard to replicate elsewhere. Here are four key reasons why…
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Demonizing Private Equity Won’t Solve Raleigh’s Housing Crisis
Private equity firms now own 35% of apartment units in Raleigh-Cary, and the recent sale of Peace Street Apartments for $152 million to Cortland has reignited criticism. The story goes: large investors are pushing out locals, jacking up rents, and harming communities. But this narrative, while emotionally charged, misses the larger economic picture. Private equity…
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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…
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Fortune 500 Companies Eye Raleigh
Raleigh is attracting the attention of some of the largest firms in the nation. According to Kyle Touchstone, the city’s economic development director, several Fortune 500 companies are eyeing the city for potential expansions. While Touchstone didn’t provide specifics, he mentioned that his team is currently working on 16 active economic development projects. Among them,…
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Johnson & Johnson to build Billion Dollar, 420 Job Manufacturing Facility in Wilson
Johnson & Johnson is considering a major economic investment in Wilson, North Carolina, with a potential $1 billion manufacturing facility on the horizon. The project, dubbed “Project Harbor,” could create 420 new jobs by 2031, with an impressive average annual wage of $108,823—more than double the city’s median household income. The Wilson County Board of…