10/18/2022
Interest in land for Multifamily use in the Triad continues to be strong. The Sedgefield Showgrounds property sold last year for $2.2 million for a Tax Credit Affordable Housing project. This year I had a large property on Wendover that sold for a market rate apartment development. I currently have 6 different development properties in Greensboro that are under contract, one in Burlington and one in High Point, totaling 8 potential Multifamily developments that could begin next year.