Target Geography

While management has enjoyed prior success with communities in 13 *

Southeastern and Midwestern states Glider Investor’s currently retains a continuing interest in developments in five Southeastern states, which remain the company’s primary geographic focus today. Those states are Florida, Georgia, North Carolina, South Carolina and Alabama.

Welcoming climates, and the size or growth of population in select cities within these five states make them attractive candidates for future multi-family rental apartment acquisition and construction.

*Alabama, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Nebraska, North Carolina, Ohio, South Carolina, South Dakota & Texas.

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FLORIDA

Currently the nation’s number one relocation destination and third most populous state.

Jacksonville:

  • Florida’s largest city
  • Estimated 2022 population of 949,661
  • 840 square miles, largest city in contiguous 48 states
  • Greater Jacksonville 2022 metro area population 1,605,848
  • An increase of 14% between 2010 and 2022

Miami:

  • Located in Miami-Dade County
  • Florida’s 2nd largest city
  • 3rd most populous city on the East Coast
  • Estimated 2022 population 483,395
  • Greater Miami metro area estimated population 6,215,000
  • The cultural, economic and financial center of south Florida

Tampa:

  • Florida’s 3rd largest market
  • 2020 population of 413,704
  • Estimated 2022 population 415,174
  • Increase of 20.78% between 2010 and today
  • Tampa, St. Petersburg, Clearwater metro area population exceeds 3 million
  • Greater Tampa Bay area voted America’s “Best City to Retire” by U.S. News and World Report

Orlando:

  • Florida’s 4th largest metro area
  • Often cited as one of the “Best Places to Retire” and “Top Places to Live” by national media
  • Welcomes more than 1,000 new residents each week
  • Projected 2022 city population of 318,583
  • Grew 22% from 2010-2020
  • Projected 2022 metro area population of 2,038,000

Ft. Lauderdale:

  • Located in Broward County
  • Florida’s 10th largest city
  • 25 miles north of Miami
  • Estimated 2022 population 186,598
  • Estimated Ft. Lauderdale metro population 6,136,333
  • Known as both the “Venice of America” and the “World Yachting Capital”
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GEORGIA

Eighth most populous state (10,830,007 residents). Expected to grow to 14.7 million by 2030.

Atlanta:

  • State’s largest city
  • Ninth largest U.S. metro area
  • City population 532,695
  • Grown 26.83% since 2010
  • Atlanta metro population 6,013,000
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NORTH CAROLINA

Ninth most populous state (10,701,022 residents). Gained more people than all but Florida, Texas and Arizona between 2020 and July 2021.

Charlotte:

  • State’s largest city
  • 857,425 population
  • 21.5% growth since 2010
  • metro area population 2.5 million
  • 25 area colleges
  • major banking, finance & insurance center

Raleigh:

  • State’s 2nd largest city
  • 464,485 population
  • 21.4% growth since 2010
  • metro population 1,547,000

Durham:

  • State’s 4 largest city
  • 269,702 population
  • 22.4% growth since 2010
  • Durham/Chapel Hill metro population 644,367

Raleigh, Durham, Chapel Hill Research Triangle:

  • Combined population 795,185
  • projected to reach 2,636,162 by 2027
  • anchored by three major research universities
  • North Carolina State, Duke University, and the University of North Carolina Chapel Hill
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SOUTH CAROLINA

Twenty-third most populous state (5,342,388 residents). Population grew 15.25% since 2010.

Greenville:

  • Located in Greenville County
  • 6th largest city in South Carolina
  • Estimated city population 71,000
  • Estimated Greenville metro population 550,000
  • One of the 10 fastest growing U.S.. cities
  • Grew 16% between 2010 and 2019

Spartanburg:

  • Located in Spartanburg County
  • City of Spartanburg is the county seat
  • 12th largest city in South Carolina
  • Estimated 2022 city population of 36,859
  • Estimated 2022 county population 336,729
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ALABAMA

Projected 2022 population 4,975,277. Six counties in the state added at least 10,000 people between 2010 and 2020.

Birmingham:

  • State’s economic center and second largest city
  • Population 206,157
  • Population of metro area 856,000
  • Located in Jefferson, state’s largest county
  • Jefferson population 656,005.

Mobile:

  • State’s 4th largest city
  • Population 185,453
  • Metro population 334,000