Switzenbaum & Associates

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.

03/02/2026

Sycamore at Monroe is a new multifamily community taking shape in Monroe, North Carolina, contributing to the area’s continued residential growth.
Over the past several months, the project has progressed from early site preparation into active construction coordination. Following demolition, grading, drainage work, and utility installation, the site is now entering a more structured phase of field ex*****on.
The team is currently focused on preparing building pads, completing soil testing, and coordinating across trades to ensure the next stages move forward smoothly. Drone-based survey controls have also been implemented to support accuracy and alignment as work advances.
It’s always rewarding to watch a development evolve from raw groundwork into visible momentum. Much of the most important work happens long before vertical construction begins — and we’re proud of the steady progress being made.

02/18/2026

Recent insights from Northmarq indicate that Charlotte continues to outperform the national average in employment growth—an important driver of rental demand. The market is still absorbing elevated deliveries, with vacancy rising over the past several years. However, the pace of increase has slowed, and projected new supply is expected to decline next year, suggesting gradual normalization. Absorption remains active, though performance varies by submarket. On the investment side, transaction volume has been lighter than peak-cycle levels, while pricing and cap rates show signs of stabilization. Overall, Charlotte appears to be in a transition phase—balancing strong labor fundamentals with supply adjustment.
At Switzenbaum & Associates, we continue to monitor employment trends, absorption patterns, and capital market conditions as part of our disciplined underwriting approach.

Charlotte multifamily sees rising vacancy, soft rents, strong job growth, and record supply, with conditions expected to stabilize in 2026. Read the full

02/05/2026

As employment trends continue to shape housing demand nationwide, Charlotte is emerging as one of the standout markets to watch. A recent NewHomeSource report identifies Charlotte among the top U.S. job markets expected to drive strong housing demand heading into 2026.

Charlotte’s momentum is fueled by sustained job growth across finance, professional services, and corporate headquarters—attracting a steady influx of talent and new residents. As the workforce expands, so does the need for quality housing, reinforcing long-term demand fundamentals across the residential real estate market.

At Switzenbaum & Associates, we closely track the connection between employment growth and housing performance. Markets like Charlotte, where job creation and population growth align, continue to demonstrate resilience and long-term opportunity for development and investment.

These trends underscore why Charlotte remains a compelling market as we look ahead to 2026 and beyond.

Strong job growth often means stronger housing demand. Here are the U.S. employment markets Zonda says to watch heading into 2026.

01/23/2026

Switzenbaum & Associates is pleased to announce that construction is officially underway at Sycamore at Monroe, a 275-unit luxury multifamily community located in Monroe, North Carolina. The project commenced construction following the successful closing of its construction loan in November 2025, marking an important milestone for the continued expansion of the Sycamore portfolio across North Carolina.
Sycamore at Monroe reflects our commitment to thoughtful design, long-term value, and strategic growth in high-demand markets. The community will feature our signature Sycamore design, including an exclusive octagonal layout that maximizes corner units and enhances livability, building on the success of Sycamore at Tyvola in Charlotte and Sycamore at Christenbury in Concord, North Carolina.
Located in Monroe, just southeast of Charlotte, the development is well positioned to support a growing population driven by strong employment growth, regional connectivity, and ongoing infrastructure investment. The first of five apartment buildings is anticipated to open in Q1 2027, with full project completion expected by Q4 2027.
As construction progresses, we look forward to delivering another high-quality residential community that supports the continued growth of the Charlotte metropolitan area while strengthening the long-term Sycamore portfolio.

01/22/2026

We’re encouraged to see PSA Airlines officially open its new headquarters in Charlotte, bringing more than 450 team members to the region and reinforcing Charlotte’s role within the broader U.S. aviation network.
At Switzenbaum & Associates, we closely monitor corporate relocations and headquarters expansions—not only for the jobs they create, but for the broader, long-term implications they have on housing demand, infrastructure investment, and regional economic resilience.
Major employment growth in sectors like aviation and transportation continues to support strong fundamentals for multifamily housing and workforce-driven development across the Charlotte metro area. These trends align with what we see on the ground: sustained population growth, expanding employment bases, and long-term demand for well-located residential communities.
Charlotte’s ability to attract and retain corporate operations reflects the city’s enduring appeal—and reinforces why it remains a key market we continue to invest in and watch closely.

American Airlines Group subsidiary becomes North Carolina’s only passenger carrier based in state

12/29/2025

As the year comes to a close, we want to take a moment to say thank you.
To our investors, residents, partners, and team—your trust and support mean a great deal to us. We’re proud of what we’ve accomplished together this year and grateful for the relationships behind every milestone. We look forward to continuing the journey and building what’s next in the year ahead!

12/11/2025

We’re proud to announce that Switzenbaum & Associates has been awarded the “Excellence in Partnership Award” at the 2025 Chengdu Summit (Chongqing Station) of the Entry & Exit Industry. This recognition underscores our unwavering commitment to professionalism, integrity, and long-term collaboration within the global real estate and investment immigration sectors. We are also thrilled to introduce Sycamore at Monroe, the latest addition to our Sycamore Development and an important milestone in our mission to deliver high-quality, sustainable communities that create lasting value for investors. Thank you to all our partners for your continued trust and support. We look forward to achieving even greater success together in the years ahead.

11/19/2025

We are pleased to welcome Brian Edeburn to Switzenbaum & Associates as our new Head of Construction.
In this strategic leadership role, Brian will oversee all aspects of construction across our growing portfolio—from on-site operations and contractor coordination to quality control, safety oversight, and project delivery. He will work closely with our development, design, and asset management teams to ensure each community is executed with the precision, efficiency, and excellence that define our firm.
Brian will also lead the standardization of construction processes, enhance communication across project teams, and support the long-term vision for how Switzenbaum & Associates designs and builds its communities.
Please join us in welcoming Brian as he helps guide the next chapter of our development pipeline. We’re excited to have him on board✨

11/14/2025

Switzenbaum & Associates is proud to congratulate School Bell Apartments on being awarded Community of the Year at the 2025 Diamond State Apartment Living Awards.
Located in Bear, Delaware, School Bell Apartments features spacious layouts, modern amenities, and a warm, well-maintained environment that residents are proud to call home.
This recognition reflects the team’s unwavering dedication to operational excellence, resident satisfaction, and high-quality community management. We are incredibly proud of their hard work and commitment to delivering outstanding service every day.
Thank you to the Delaware Apartment Association for this honor — and congratulations again to our exceptional School Bell Apartments team.
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