Charlotte has been one of the country’s key apartment construction centers over the past decade or so, and demand has kept pace with that building activity much of the time. Despite a few challenges stemming from COVID-19 in early 2020, the metro ended the year in relatively good shape. Rent change remained positive, and occupancy stayed above the long-term norm. However, development is picking up even more right now, with deliveries set to reach an all-time high by the end of the year. Will demand be able to meet the new supply levels, or will performance metrics stall?
Join RealPage analysts for an examination of what’s shaping the apartment sector performance in Charlotte and what’s likely to happen over the near term.
Discussion topics include:
- Charlotte construction trends and investment activity
- The economy and near-term demand signals
- Rent and occupancy trends by product class
- Neighborhood-level performance variation
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam Couch
Market Analyst, RealPage, Inc.Adam Couch is a market analyst and has extensive experience researching economic and demographic trends that support clients in their investment decisions. He has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae, advising leadership on risk management for current pricing and acquisitions.
