Friends & Investors,
As we head into the second quarter of 2023, we are grateful for your partnership in supporting our efforts to continue seeking out high quality development and investment opportunities. Despite the continuous headlines around the Federal Reserve’s efforts to curb inflation via interest rate hikes that will inevitably slow down various sectors of the economy—including certain components of the housing market—Catalyst continues to identify and pursue attractive new development projects and successfully execute upon our projects under construction and in lease-up. As we work through these uncertain times, the multi-family market will continue to demonstrate its resilience and accelerated growth, particularly over the medium to long term across the markets where we operate in the Carolinas and greater Southeast. Furthermore, we are confident that our projects within these markets will likely continue to experience healthy fundamental growth throughout 2023 and beyond. We remain focused on building communities with conservative assumptions, disciplined diligence, aggressive execution, and above market performance.
Onward and Upward!
The Catalyst Capital Partners Team