CHARLOTTE—Charlotte's multifamily market is making a comeback. Developers are increasingly targeting this Southern market for new projects. But where does adaptive reuse fit into the mix?
GlobeSt.com caught up with Fitzhugh L. Stout, senior managing director for Integra Realty Resources in Charlotte, to get his take on multifamily adaptive reuse projects in Charlotte. In part one of this exclusive interview, we asked him what he sees with multifamily interest rates, North Carolina's multifamily development pipeline and how adaptive reuse projects are creating opportunities for developers. Be sure to come back this afternoon for part two of our conversation.
Globest.com: Do you see any major changes occurring in multifamily development with interest rates rising?
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