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2023
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When Developers Stop
When Developers Stop Developers are visionaries; whose sole focus is transforming fields and rundown buildings into stunning, magnificent structures. They visualize alluring apartment communities, sleek skyscrapers, retail center villages that cater to the many, state-of-the-art storage facilities, and luxurious hotels. Across all commercial asset types, developers are looking to be the creator of the next…
Raleigh leaps into top 5 in Milken’s 2023 best performing cities rankings
Raleigh leaps into top 5 in Milken’s 2023 best performing cities rankings Raleigh is back in the top 5 on an elite list of cities for economic development. But it’s not alone among North Carolina cities in the top 10. The City of Oaks is number three on this year’s Milken Institute’s Best-Performing Cities rankings,…
NEWSLETTER: May 2023
When Developers StopRead MoreRaleigh leaps into top 5 in Milken’s 2023 best performing cities rankingsRead MoreNEWSLETTER: May 2023Read MoreThe 5 Essentials of a Successful Apartment AcquisitionRead MoreCASE STUDY: Edge 26 on Sloane LakeRead MoreFOR SALE: 72+ acres in Burlington, NCRead MoreWhat to Expect for 2023 in Opportunity ZonesRead MoreNEWSLETTER: MarchRead MoreMortgage Brokerage Client SpotlightRead…
The 5 Essentials of a Successful Apartment Acquisition
The 5 Essentials of a Successful Apartment Acquisition 1. Do Your Homework You can’t do too much due diligence when evaluating a community before acquiring it. As the buyer, you need to know a property is poised to deliver the returns it and its investors seek. Or, if the community isn’t in shape to deliver…
CASE STUDY: Edge 26 on Sloane Lake
In February of 2022, an apartment owner contacted the Sweetwater Property Management (SWPM) team about one of his apartment communities. The owner has a long-standing relationship with Sweetwater in North Carolina, but the property in question was in Denver, CO. THE PROPERTY The 402-unit property was purchased in 2015 for approximately $117K per door.…
FOR SALE: 72+ acres in Burlington, NC
LAND FOR SALE: 72+ acres in Burlington, NC INVESTMENT SUMMARY • Six separately deeded parcels totaling 72.48 acres. • Visibility with frontage on I-40/85 makes this an excellent development opportunity. After re-zoning, the site is open to an abundance of possibilities such as multifamily, hotel, retail, and mixed-use development. Annual Average Daily Traffic along Highway…