The Triangle multifamily market, despite considerable growth over the last few years, continues to face headwinds. A flood of deliveries has led to negative rent growth with cooling, yet elevated construction starts happening across the region. Interest rates have stabilized, but remain elevated. Economically, the Triangle area continues to fare well with lower unemployment and job growth, providing positive indications of continued growth.
This event will analyze some of the most pressing needs in the sector to help boost returns. Given the upwards of 8% vacancy predicted by the end of the year due to new supply, this event will discuss strategies to amenities properties successfully, with cost considerations and guardrails in place. It will also cover how to manage properties efficiently and minimize operational expenses to help a property’s bottom line.
This event will also discuss where the development community is making bets throughout the region, how they’re capitalizing on the region’s economic viability, and the long-term outlook for this healthy market. Join Bisnow as we cover the most pressing issues in the local multifamily development and investment landscape to better equip you in your search for that next deal.
What You’ll Learn:
- Whch unit layouts, amenities and level of luxury product are most attractive for residents?
- Which amenities are being prioritized and which are being sidelined to make the highest leasing impact?
- What are property managers implementing to minimize operational expenses?
- How are developers maintaining project viability in today’s environment?
- What locations within the Triangle are investors looking at for their next investments and what is their criteria?
