Grubb Properties Welcomes Investors to Charlotte

By Grubb Development Team

On October 26, Grubb Properties welcomed more than 100 investors to Charlotte for a two-day investor meeting. The event provided investors with 2022 portfolio and fund highlights, as well as the opportunity to meet Grubb executives and see Link Apartments® communities in person.

Highlights included:

Charlotte Greenway Bike Ride

More than 20 investors joined CEO Clay Grubb for a bike ride along the Stewart Creek greenway to Blue Blaze Brewery to check out the future site of our upcoming car-free development, CYKEL Apartments, located across the street from the brewery.

Dianna Ward, Executive Director of Charlotte Joy Rides, and Shannon Binns, founder and Executive Director of Sustain Charlotte, also joined the group on the bike ride and spoke about the importance of alternative transportation in the future of Charlotte's development, highlighting innovative communities like CYKEL Apartments.

Investor Meeting

On the morning of October 27, Grubb investors gathered for presentations on Grubb’s performance, strategy, and plans for 2023. 

Highlights included:

• Sherry Long, Senior Vice President of Investor Relations, opened the meeting and discussed planned improvements to investor communications.
• Todd Williams, Chief Investment Officer, gave an update on our growth and fund performance across the portfolio. He also debuted the results of our new State of the Young American Renter Survey.
• Lauren Cahill, Senior VP of Multifamily Development, spoke about our New York developments and how we adapt the Link Apartments® product and design in the new markets we’re entering.
• Annanias Rose, VP of Brand Strategy and Innovation, explained how the Link Apartments® brand connects with local communities while staying true to our brand and our essential housing strategy.
• Mark Vitner, former Managing Director and Senior Economist at Wells Fargo, addressed the rising interest rate environment and how its impacts on the markets we're entering.
• Clay Grubb, CEO, shared his excitement about the growth of Grubb Properties, including the new developments in the pipeline and the team members who have experience in these markets.

Charlotte Bus Tour

Investors had the unique opportunity to take a bus tour of our local Link Apartments® properties in various stages of development across Charlotte. The tours were led by our fundraising and development teams along with regional property managers, project management, and onsite team members.

Investors visited the construction sites of CYKEL Apartments, Link Apartments® NoDa 36th Street Phase I & II and Link Apartments® Mint Street, in addition to touring new units at Link Apartments® Montford II, and our fully operational Link Apartments® Montford Phase I.