Deaton Investment Real Estate & The Wake County Apartment Association

Friday, December 30, 2011

WCAA Meeting - 1/5/12 - Wake County Economic Development

Happy New Year! The next meeting of the Wake County Apartment Association will be Thursday, January 5, 2012.

Last month our group returned to the Golden Corral on Glenwood Ave and the panel discussion was a big hit. Let's kick the New Year off with another great meeting.

At Thursday's meeting we will be joined by Casey Cronce, research manager for Wake County Economic Development. WCED serves as the lead economic development agency for Wake County. As such, WCED assists businesses with their relocation and expansion plans, and markets Wake County as one of the best places for business in the United States. Casey will provide some of WCED's business and demographic data and share some of the exciting economic developments within Wake County.

I look forward to seeing everyone for an informative meeting on 1/5/12.
Time: Dinner and Networking 6:00 - 7:00 PM / Presentation 7:00 - 8:00 PM
Where: Golden Corral on Glenwood Avenue (next to Fat Daddy's)
Cost: Meetings are free but you MUST purchase dinner and eat if you attend

Thursday, December 22, 2011

Investors pour money into Triangle apartment boom - Real Estate News -

Investors pour money into Triangle apartment boom - Real Estate News -

....... [Investors are being drawn to apartments both by their steady cash flow and their improving fundamentals. The turmoil in the residential housing market has increased demand for apartments as more and more people lose their homes to foreclosure or find that they can no longer qualify for a mortgage.

"There aren't as many units being delivered in the next two to three years to keep up with demand," said Jeff Glenn, an investment broker at CBRE in Raleigh. "So there's enormous rent growth potential that we're seeing." ........]

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