Market Highlights

Charlotte is one of the most robust and growing cities the Southeast has to offer. The 15th most populous city in the United States, Charlotte is home to over 1,000 multifamily properties and over 210,000 units. Additionally, the region currently has 149 multifamily properties under construction representing an additional 35,547 units to come online over the next several years. With a YoY population growth of 2.86%, over 100 people moving to the Charlotte area every day, and a business-friendly climate, Charlotte is poised for even further growth.

The primary industries in Charlotte are Advanced Manufacturing (145,000 jobs), Financial Services (105,000 jobs), Innovation Economy (40,000 jobs), Life Sciences, and Logistics & Distribution, and the city also boasts 25 colleges and universities (Charlotte Regional Business Alliance). Atrium Health is the area’s largest employer, while Wells Fargo and Bank of America highlight the strength of Charlotte’s Financial Services industry. Charlotte is home to several professional sports teams, highlighted by the Carolina Panthers (NFL) and Charlotte Hornets (NBA), and Charlotte Douglas International Airport was recently ranked the 7th busiest airport in the world.

Multifamily Highlights

Major Employers

  1. Atrium Health

    39,000 jobs  | Learn More
  2. Wells Fargo

    28,000 jobs  | Learn More
  3. Bank of America

    15,000 jobs  | Learn More
  4. Novant Health

    14,052 jobs  | Learn More
  5. American Airlines

    13,500 jobs  | Learn More
  6. Lowe's

    11,000 jobs  | Learn More
  7. Compass Group USA

    8,800 jobs  | Learn More
  8. Harris Teeter

    8,239 jobs  | Learn More
  9. Duke Energy

    7,700 jobs  | Learn More
  10. Daimler Trucks

    6,800 jobs  | Learn More

Other Demand Drivers

  1. Northlake Mall

    1,066,026 SF; Macy's, Belk, Dillard's  | Learn More
  2. SouthPark Mall

    1,688,480 SF; Nordstrom, Belk, Dillard's, Macy's, Dick's  | Learn More
  3. Bank of America Stadium

    Home of the Carolina Panthers; 74,867 seats  | Learn More
  4. Spectrum Center

    Home of the Charlotte Hornets; 19,077 seats  | Learn More
  5. Charlotte Douglas International Airport

    48,000,000 annual visitors  | Learn More
  6. UNC Charlotte

    24,116 undergraduate enrollment  | Learn More
  7. Charlotte Motor Speedway

    Home to NASCAR; Roughly 134,000 seats  | Learn More
  8. Davidson College

    1,927 students  | Learn More