Switzenbaum & Associates

08/07/2026

Charlotte continues to strengthen its position as one of the Southeast's most dynamic and resilient business markets. The latest Economic Development Report highlights continued corporate investment, strong office market activity, and a diversified economy driven by industries such as financial services, healthcare, technology, and professional services.

As companies continue to expand their presence and invest in the region, Charlotte remains well positioned to attract businesses, skilled talent, and long-term capital. These economic fundamentals not only support business growth but also contribute to sustained demand for quality housing, infrastructure, and thoughtfully planned communities.

Strong job creation, a growing workforce, and continued investment are all indicators of a market with long-term potential. As the region continues to evolve, these trends reinforce Charlotte's role as a key destination for economic development and commercial real estate opportunities.

Economic Development | Charlotte Center City Partners

07/13/2026

North Carolina continues to demonstrate why it remains one of the nation's strongest long-term growth markets.

The recent groundbreaking of a $4.7 billion advanced manufacturing campus in Greensboro is expected to create 14,500 new jobs over the next decade. The project also highlights how global companies are investing in advanced technologies, including AI-powered manufacturing and digital twin solutions, to shape the future of American industry.

Developments like this are about more than a single company—they reflect a broader trend. As North Carolina continues to attract employers, create high-quality jobs, and diversify its economy, the state is also experiencing sustained population growth and increasing demand for quality housing.

Strong economic fundamentals remain one of the key drivers of long-term multifamily demand, reinforcing North Carolina's position as an attractive market for investment and community development.

At Switzenbaum & Associates, we continue to follow the economic and demographic trends shaping the future of the markets we serve.

JetZero's Tom O'Leary breaks ground on an 8 million sq ft Greensboro campus designed using Siemens digital twin technology

07/09/2026

Charlotte continues to demonstrate why it remains one of the Southeast's strongest growth markets. The latest economic data reflects more than just impressive numbers—it tells the story of a city fueled by business expansion, job creation, and continued investment.

As employers continue to grow their presence in the region and economic activity remains strong, Charlotte is well positioned for long-term growth. These fundamentals not only strengthen the local economy but also support sustained demand for quality housing and thoughtfully planned communities.

At Switzenbaum & Associates, we believe strong communities begin with strong economic foundations, and we're committed to staying informed on the trends shaping the future of the Carolinas.

07/06/2026

Our team at Switzenbaum & Associates had a great time attending the NAA Apartmentalize Conference 2026!

It was a valuable opportunity to connect with industry professionals, explore the latest trends and innovations in multifamily housing, and exchange ideas with leaders from across the country.

Thank you to everyone we had the chance to meet. We look forward to applying the insights we gained as we continue creating exceptional communities and delivering value to our partners and residents.

07/01/2026

As North Carolina continues to grow, housing policies that encourage flexibility and efficiency are becoming increasingly important.

A proposed statewide reform would eliminate minimum parking requirements for new developments, allowing parking decisions to be driven by market demand rather than fixed regulations. Supporters believe the change could help reduce development costs, improve land use efficiency, and support the delivery of more housing across the state. Construction costs for parking can range from $5,000 to $50,000 per space, making parking requirements a meaningful consideration in project planning.

While every community has unique transportation needs, thoughtful policy updates can provide developers with greater flexibility to design projects that better reflect local demand and evolving market conditions.
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Legislation would limit local control over parking mandates.

06/02/2026

Major infrastructure investments continue to reinforce Charlotte's position as one of the Southeast's fastest-growing markets.

Charlotte Douglas International Airport recently announced several expansion projects, including a new runway, terminal improvements, additional gates, and enhanced passenger amenities. These investments are designed to support increasing passenger demand and the region's long-term economic growth.

As population growth, business expansion, and infrastructure development continue across the Charlotte metro area, the market remains well-positioned for sustained housing demand and multifamily growth.

At Switzenbaum & Associates, we continue to monitor key economic and demographic trends that drive long-term value for residents, communities, and investors.

CLT's next phase is taking shape with a new runway, lounges and firehouse in the works.

05/29/2026

North Carolina continues to demonstrate strong long-term fundamentals, ranking #4 in the nation for population growth in 2025 with a 1.22% increase and maintaining annual growth above 1% for five consecutive years.

As more individuals and businesses choose North Carolina as their home, the demand for housing, infrastructure, and community investment continues to grow. This sustained population growth supports a positive outlook for multifamily housing across the state's major markets.

At Switzenbaum & Associates, we remain focused on markets with strong demographic trends and long-term demand drivers that create value for residents and investors alike.

North Carolina's population grew by 1.22% last year, making it one of the fastest-growing states in the nation, according to Fitch Ratings.

05/19/2026

The announcement of SMBC Group’s second U.S. headquarters in Charlotte represents another significant milestone in the continued evolution of Charlotte as a premier financial and commercial real estate market.

With plans to create approximately 2,000 jobs and invest more than $50 million into the region, this expansion further reinforces the long-term strength of Charlotte’s banking sector and economic fundamentals.

At Switzenbaum & Associates, we continue to see strong institutional interest in the Charlotte market, particularly across:
• Multifamily housing
• Mixed-use developments
• Urban infill opportunities
• Office-to-residential repositioning strategies

Major corporate expansions like this not only drive employment growth, but also create long-term demand for housing, retail, and infrastructure throughout the region.

Charlotte’s combination of financial talent, business-friendly environment, and sustained population growth continues to position the city as one of the most compelling investment markets in the United States.

After a nationwide search, SMBC Group, one of Japan’s largest and most influential banks, has selected Mecklenburg County for a second U.S. headquarters to support its operations, creating 2,000 jobs by the end of 2032.

04/27/2026

From a market standpoint, the multifamily sector in Charlotte is beginning to transition out of a supply-driven correction. Following the elevated deliveries of 2024–2025, key indicators are showing early stabilization: asking rents have posted modest quarterly growth, occupancy is holding in the low-90% range, and the development pipeline is moderating.
While leasing conditions remain competitive, the rate of softening has slowed, suggesting the market is moving through its cyclical trough. From our perspective at Switzenbaum & Associates, this inflection point signals a shift toward a more balanced operating environment and presents a strategic window for repositioning as fundamentals gradually improve.

Charlotte multifamily rents rose modestly in the first quarter of 2026 as construction starts slowed.

04/06/2026

Our leadership team, led by senior executives, recently conducted an on-site visit at Sycamore at Monroe to personally review construction progress. This hands-on approach reflects our commitment to maintaining the highest standards at every stage of development. From completed sitework to ongoing construction, it was valuable to see the progress firsthand and ensure everything is aligned with our vision. Sycamore at Monroe continues to move forward steadily, and we look forward to sharing more milestones ahead.