David Simonini is an expert luxury home builder based in Charlotte, North Carolina. He has designed a wide variety of single family home for a discerning market. Recently, his company, the Simonini Group, has branched out to construction of 72 apartments for the low-income housing market. This project in Lancaster, South Carolina is expected to ease constriction in the affordable housing market. Simonini Group was able to take advantage of the Trump Opportunity Zone program to support the construction.
The Simonini Group has also worked on a development called Rea Court, a ten-unit development with six different floor plans. This community is priced from the mid-$500s.
David Simonini is credited with introducing the New Urbanism style to Charlotte as well as European architecture. His homes and apartment complexes bring a new and vibrant sensibility to the housing market, making an impact on the Charlotte area for decades to come.
What should our readers know about the Trump Opportunity Zones?
The Trump administration is dedicated to the expansion of economic opportunity for citizens of all income levels. The Opportunity Zones are dedicated areas which have high poverty levels or which border areas with high poverty levels. They offer tax breaks for companies that invest in the opportunity zones, making their use a win-win situation for everyone.
What is special about the Charlotte, North Carolina real estate market?
Charlotte has been on an upswing lately. Prices are on the rise, and the housing market has been tight. High-quality homes are being built which will ease some of the constriction in the upper tier of the market. Many rental areas are being built, which may have the effect of driving the high rental prices down. This would be a benefit for the low- and moderate-income residents of Charlotte.
What was your best or favorite subject in school?
I was always interested in history. I’ve been fascinated with the different architectural styles around the world. I enjoy reading history books today, and I am always looking to the past for architectural inspiration.
What was your first job?
I interned with a property management company while I was in school. This opened my eyes to the wide variety of opportunities in the property management sector. It also sparked my interest in building homes.
How do you keep yourself motivated?
I love my work. I don’t need very much external motivation. I love seeing a new home going up and imagining the family that will buy it. I enjoy thinking about the families who buy our houses enjoying them with their friends.
What kinds of business ideas excite you most?
I am interested in the world of technology. I am excited by smart home technologies. I have a lot of smart home features in my own home. I would be interested in investing in a company that made turnkey smart home features for homeowners. It takes a lot of trial and error to get a smart home set up, and it would be nice to be able to call on a professional.
Have you ever tried any unorthodox techniques to attract attention to your business?
My work speaks for itself. I haven’t had to do very much beyond publishing my listings in the usual places, both online and in print. My homes are in demand as it is. I have been doing more social media work, but I feel that social media isn’t unorthodox anymore. It’s a regular part of the marketer’s toolkit.
What personal achievement are you most proud of?
Although I have achieved many of my business goals, I am the proudest of my family. I am blessed with a loving family which supports me in all of my endeavors.
What wisdom would you have liked to share with yourself when you first started out?
I would have told myself to have faith in times of market downturns. I would tell myself to continue building high-quality homes even through difficult economic times. Cutting corners on quality helps no one.