Why This Matters:
The multifamily sector in Charlotte has long been at the forefront of local activity, and has been one of, if not the leading, asset type in the market favored by investors. However, new products have flooded in the market with over 16,000 units delivered in 2024, and 20,000 starting in 2022 – both of which are records for the market. With that said, demand remains high as over 12,000 units were absorbed in 2024, yet another record. Additionally, new starts have slowed in part due to the well-reported financing difficulties that have stemmed from heightened interest rates on a national level.
This event will discuss how the industry is maintaining momentum, despite financing and supply headwinds. It will address key strategies to lease communities faster, and how to minimize the concessions being offered. Our panelists will detail development strategy amid the amount of supply that has come to market, and finding value in today’s ecosystem. The event will further detail the momentum of construction starts, and the latest development trends for the next slate of projects coming online.
What You’ll Learn:
- What momentum exists in the new construction pipeline, and what sort of activity can be anticipated in 2025 and beyond?
- What are the latest trends in design and construction to deliver projects with immediate leasing potential that can succeed in the long term?
- What levers can be pulled to manage and mitigate operational and insurance costs to boost asset performance?
- How is the development community finding value in the acquisition and new build landscape with supply dynamics in consideration?
- How are property managers and owners marketing and leasing the supply that remains vacant in the market today?
