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Apartments remain strong
Multifamily construction still a bright spot in economy
031813 BIZ REAL ESTATE 01
Working with Jerrod Lee Construction, John Lee cuts some drywall as renovations continue on the Magnolia Village apartments on Grady Street Monday. Multiple occupancy dwellings are a strong growth area in the local real estate market.
Student and multifamily housing developments are hot, both in Statesboro and across the nation.Cal Evans, a regional appraiser for Synovus Financial Corp. in Athens, Ga., addressed two separate groups Thursday in Statesboro as part of Sea Island Bank’s “Invested in You” business banking series. Sea Island is a division of Synovus Bank.First, he spoke to developers at a luncheon, and then he addressed a larger group of real estate professionals in the afternoon. This is the second seminar presented by Evans in Statesboro.
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