Series: Market Update
Market Intelligence: Carolinas Market Update
Join industry-leading economists for a discussion on key apartment performance indicators for markets in the South Atlantic states of North and South Carolina.
Not long ago, this pocket of the country wasn’t much more than an afterthought for both investors and developers. But the 2010s decade ushered in a very different prospectus for the region, and now metros like Charlotte, Raleigh/Durham and even Charleston are viewed as viable investment and development targets.
With great demographics and continued economic expansion, the 2020s will likely see the Carolinas remain an increasingly favored region. But with smaller existing inventory bases — although rapidly expanding — a lot of newfound capital interest in these metros could drive up prices and lower cap rates to noteworthy levels.
Markets covered in this new-and-improved, interactive webcast include:
- Myrtle Beach
Arben Skivjani is an Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and modeling, economic impact studies, reporting and analysis of macroeconomic indicators that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York. As a native of Kosovo, Arben worked on several projects for the United Nations World Health Organization and the European Agency for Reconstruction in Southeastern Europe.
Arben is an active member the Dallas/Fort Worth Association for Business Economics and the National Association for Business Economics and served as a vice president and board member Alabama Economics Club.
Arben graduated with a bachelor’s degree in business administration from Auburn University at Montgomery and a master’s degree in economics from The University of Alabama.
Carl WhitakerMarket Analyst, RealPage, Inc.
Carl Whitaker is a market analyst with RealPage’s Data Analytics division. He brings a background in geography and demographics, analyzing the apartment sector and creating in-depth reports and presentations for clients. Carl has previously worked as an analyst for Axiometrics and for a commercial real estate consulting company whose clients included multifamily property owners where he conducted demographic analysis and analyzed demand for land uses. He holds a Master of Science in Geography.