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August 6, 2025
Carolina hotel sector is strong, though organic growth could prove challenging post-hurricanes
The Carolinas’ hotel sector is performing well, with seven of the region’s 10 hotel markets achieving revenue per available room growth in the first half of 2025. However, some markets could see a drop-off in the second half of the year as hurricane-induced demand subsides and economic concerns rise.
July 24, 2025
Alterra IOS continues shopping spree with 12-property acquisition across Sun Belt
Alterra IOS, a real estate investment firm that claims to be the largest player in the fast-growing U.S. industrial outdoor storage sector, has acquired 12 properties across seven states as the Philadelphia-based firm continues its shopping spree.
March 19, 2025
Nucor plans expansion of South Carolina steel production site as tariff talks heat up
The steel industry may be bracing for the impacts from potential tariffs on imported goods, but the largest U.S. steelmaker is not letting the uncertainty stall its expansion plans.
September 27, 2024
Salt Life's new owner to close dozens of stores across 10 states
The new owner of Salt Life, an activewear brand for outdoor and ocean enthusiasts, is closing all of its retailer's stores as it transitions the brand to a wholesale and e-commerce model.
November 28, 2023
Looking for Lower Apartment Rents in South Carolina? Head to the Beach.
Apartment owners and operators, as well as renters in two of South Carolina’s primary beach towns have experienced lower rents over the past 12 months.
August 9, 2023
Myrtle Beach Apartment Rents Stunted by Ballooning Vacancy, Additional Supply
Rents in Myrtle Beach, South Carolina’s multifamily sector decreased 1.5% on an annual basis in the second quarter of the year. This marks the first time that annual rent growth for Myrtle Beach apartments declined since the Great Financial Crisis of 2008. The slowdown in rent growth here has been driven mostly by shifts in demand for the region’s units and the historic level of multifamily units that have been added by developers over the past three years.
August 2, 2023
JPMorgan Chase To Double Bank Branches in Carolinas by 2025
JPMorgan Chase is doubling down on its physical branches in the Carolinas as part of a strategy to gather more consumer deposits and sell more fee-based services including wealth management advice.
July 31, 2023
Shrinking Office Availability Makes for Highest Rents on Record in Myrtle Beach
The office sector in Myrtle Beach, South Carolina, is experiencing one of the tightest markets in its history, with the average vacancy in the low single digits at 2.3%. In response, building owners have been able to push the region’s office rents to a record-high average of around $21 per square foot, a level not seen since the quarters leading into the Great Recession.
July 17, 2023
Public Storage Buys Carolinas Self-Storage Portfolio for $108.7 Million
Public Storage bought a portfolio of eight self-storage facilities in the Carolinas for $108.7 million, a sign of continued investor interest in the property type amid slowing of demand after the pandemic.
July 10, 2023
Houston Makes Biggest Jump on List of Top 20 Cities Where People Are Moving
Houston made the biggest jump on a list of the top U.S. destinations where people are relocating as southern states grapple with a larger influx of residents compared to any other region.
June 13, 2023
Electric Vehicle Battery Maker Building New Plant in South Carolina To Supply BMW
Japanese battery technology company AESC Group, announced it has started construction on a massive 1.5 million-square-foot battery plant in Florence County, South Carolina, and expects to commence commercial operations in 2026, creating 1,170 new jobs in the region.
May 1, 2023
Hilco Begins Liquidation Sales at What Remains of Tuesday Morning
One business day after a Texas bankruptcy judge signed a court order, approving the sale of Tuesday Morning to an affiliate of Hilco Global, the liquidator has begun sales of goods at what's left of the off-price retailer's store fleet spanning 25 U.S. states.
March 6, 2023
Developers Slow Expansion of Myrtle Beach’s Apartment Market
In late 2021, developers in Myrtle Beach, South Carolina began the largest expansion of apartment inventory in the city’s history and ended 2022 with 4,082 units under construction.
February 22, 2023
Investment Team Launches Build-To-Rent Project in a Fast-Growing South Carolina Coastal City
A team of investors with debt from a real estate investment trust plan to buy and rent new homes in a fast-growing South Carolina coastal city being built by a national homebuilder.
February 2, 2023
Cushman & Wakefield Adds Team To Expand Southeast Hospitality Sales
Cushman & Wakefield has expanded its hospitality services group in the Southeast by luring a brokerage team away from Marcus & Millichap with hotel property demand expected to pick up.
January 5, 2023
South Carolina Investor Pays Highest Purchase Price in 2022 for Apartments in Home State Beach Town
A South Carolina real estate investor and developer expanded its home state holdings with the purchase of a newly built apartment property in Myrtle Beach to close the final three months of the year that saw an upswing in sales.
December 6, 2022
Japanese Battery Maker To Build Plant in South Carolina To Supply BMW
Envision Group, a Japanese manufacturer of batteries for electric vehicles, will develop an $810 million factory near Florence, South Carolina, to supply cars being made in the state for BMW.
November 28, 2022
Barings Takes Majority Stake in Carolinas Self-Storage Portfolio
Barings has taken majority ownership of a portfolio of 16 self-storage facilities in the Carolinas in a transaction worth at least $109 million.
August 30, 2022
Demand For Short-Term Rentals Largely Driven in Locations With Limited Hotel Supply
NASHVILLE, Tennessee — Demand recovery for both the hotel and short-term home rental sectors appears to be happening quickly, but there's clear differences between the two.
July 19, 2022
Southeast Beach Demand Receding From Last Summer’s High Tide
Outdoor destinations, particularly beaches, were among the first to see a rebound in travel beginning in spring 2021. Now that demand appears to be receding more than expected.

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