Is anyone here based in Charleston SC? Looking to get some information about firms, work/life culture, COL, etc. a pm would be great too.
It seems like such a small market with a few fly by night firms but maybe I’m missing something.
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Don’t do it . Hard market to exit from
I'm based here if you want to PM me
Live here feel free to PM.
Willing to provide some generalities. COL is pretty average. I’ve rented two places here ($1400 and 1100 per month). I have been shopping around for a home for a while and same with my roommate, the market is really tough right now. Most of my friends my age that live here make around $60k-$85k, 2 years out of college. We all live comfortably. Can afford to tuck away a slush fund while enjoying ourselves.
Industry wise, no matter the type, it’s a pretty tight circle. Names will be familiar. Work life culture in my industry (Commercial Construction) is company dependent. I will say there is a general consensus of protected weekends and enjoying yourself, but projects can really dictate the pace.
As for activities:
Charleston, more broadly, is a combination of a beach town and a college town, so there is a lot of pedestrian traffic year-round. As the students leave, the influx of tourists starts. It's not too bad if you can time your shopping, beach activities, and dining reservations accordingly.
Vehicle traffic is high for the population of Charleston. The 526 expansion has been discussed for a while now.Public transit is non-existent; however, efforts have been made to make it more appealing. The airport is easily accessible, and parking is both easy and cheap. TSA is a breeze on early morning flights. There are many Diamond Medallion members flying out, so good luck with getting first class or comfort + upgrades on flights to or from Charleston.
Commercial real estate (CRE) companies in the area include:
*residential-commercial (resi-comm) companies.
I can't speak too much about the market, but the industrial sector seems to be going strong with the port bringing in a lot of economic value. Retail is also solid here, as it is closely linked to tourism.
Apologize for formatting.
Yes, relocated here after my 20s. It was time to settle down and do the family thing, which seemed much more enjoyable in a beach town vs. a dense urban environment.
Sold my previous home and watched the market/rented for a couple of years when I first arrived. Inventory is tight here like it is across the country, keeping property values high. Everyone’s stuck in their homes at sub 3% rates keeping activity more stagnant. And not many people seem to want to leave. More prospective purchasers/resident inflow post covid after more people lived here short term and saw what it’s like, so now you are competing with people who work out of NYC/DC and are mostly remote. It’s a low key gem if you love the water/fishing/beach/golf, are used to a higher cost of living from a previous life, value WLB and seek more of a culture where people don’t care as much about what you do. You’ll hear jokes that people don’t really work here, which is sort of true. You see people who commute to NYC every few weeks, full remote, family money that chills, and everyone else works locally somewhat. A lot of families with young kids, retirees, college kids, and tourists.
Someone else already hit all the RE shops. Finance seems more limited. I networked/watched for openings at firms for over a year before I found one that fit the bill. Have to be patient and fully realize if that opportunity doesn’t work out, you will be more limited in other local options when you look elsewhere. I have found though that once you are here, smaller firms that don’t advertise start to present themselves.
This is SC, so the culture is different than the NE. If you are on board with rarely having to deal with liberalism while surrounding yourself with others who also care to barely acknowledge it, if only to say how glad we are we don’t see a lot of it, then might be worth a look.
Great Insight. Mind if I PM to ask a few questions?
Charleston blows. The typical southern town with not much to do and a super clique population. Lots of big fish in little pond syndrome going on. Mid-tier women.
I am sure the guy in search of a trad wife will blow up on me again, like the last time I shit on Charleston
All the southern dudes throwing monkey shit just like in the other thread know I am right. Get over it. You all have big fish in little pond syndrome and its sad. Nobody cares about your UGA circle jerk. It hurt when you did your internship in NYC and nobody gave two shits about you lol
Greystar is the biggest player there. Have had a few buddies go work or intern there. They love it. Seems to be a great spot.
I love it here, don’t see myself ever leaving. Feel free to PM me.
Greystar is huge there, and then there are several multifamily investment firms like Blaze that are Greystar alumni that went out on their own.
Can echo more of the above. I lived there for a little bit and have been trying to find my way back ever since.
Been looking into jobs in RE, and a few firms I’ve been in constant contact with (Greystar included) mentioned they were on a hiring freeze at the moment. As stated above Greystar is the top firm and most of the other groups are ran by Greystar alum, here are a few names:
Happy to chat more on my experience there, so feel free to PM.
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