A MESSAGE FROM THE AANC PRESIDENT: Mar. 2024

Greetings!

As an industry, we are fairly optimistic with North Carolina’s continued job growth, positive net migration and an overall favorable state to live. Inasmuch, we are working through recent supply deliver challenges in certain markets from the mountains to the coast. Concessions are common in brand new lease-up communities with downward pressure on the stable communities. Most operators are locking in longer lease terms for the trade-off and focusing heavily on resident retention. However, the cost to buy a home has never been more expensive which will keep the existing residents in place and newcomers renting for a while. The robust supply delivery will slow greatly in Q4 2025 and beyond.

I am are thrilled to announce and extend a warm welcome to our newly appointed board members who have joined us in our commitment to AANC's mission. Their diverse backgrounds and expertise will undoubtedly contribute to the continued success and growth of our organization.

• AAWNC Representative: Tina Gorby Baker | Apartments.com 
• WAA Representative: Doriane Murray | Flournoy Properties
• State Suppliers Council Representative: Elizabeth Riley | The Liberty Group 

To all our returning board members, we extend our deepest gratitude for your continued dedication and support. Your commitment has been instrumental in AANC's achievements, and we are excited to continue working together to reach new heights.

There is also new leadership this year with our State Suppliers Council. Please join me in welcoming the 2024 Chair, Elizabeth Riley with the Liberty Group, and Vice-Chair, Liz Newkirk with Loebsack & Brownlee, PLLC. Also a huge shout out to all of our returning Committee Leadership. AANC could not do what we do with out all of you!

This year's AANC Education & Legislative Conference will take place in Raleigh from April 29 to May 1, promising an enriching experience for all attendees. We have curated an impressive lineup of session speakers and thought-leading keynote speakers who will share valuable insights and expertise. To ensure your spot and take advantage of early bird rates, I encourage you to register promptly. 

For the second time is less than 3 years, we have experienced the unexpected loss of an active AANC Board member, Eddie Robertson, a GCAA representative. Eddie has been a Sales Account Manager at Redi Carpet for the past 9 years. To say his fellow team members, customers, peers and family are devastated by the loss is an understatement. Eddie leaves behind a beautiful wife, Brandi Robertson, Sr. Regional Property Manager – Greystar as well as two highly decorated athlete daughters, Olivia & Erin. In honoring Eddie's memory, let us unite in support of his family and cherish the impact he made on our lives, recognizing the profound loss we collectively share within the AANC community.

Lisa

Lisa Taylor l Greystar
AANC President