Outlining strategies for efficiency, cost control and realizing returns in the region’s residential sector
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 amenitize 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.