Henry J. Faison began his real estate career in the 1960’s and soon became one of Charlotte’s pre-eminent developers. Henry’s prolific career as a multi-faceted real estate developer had a significant impact on Charlotte and the Southeast. Faison’s early developments in the 1970’s were focused on the retail sector and included Eastland Mall, at that time North Carolina’s largest mall, along with other malls in the Carolinas and Virginia. In the 1980’s, Faison expanded into office development with major office complexes in Jacksonville, Tampa, Roanoke, Richmond and the significant buildings on two of the four corners of Trade and Tryon in Charlotte. Mr. Faison formed Faison Enterprises, Inc. in 1988 to provide for the long-term continuity of the entity. Over the years, Faison Enterprises has pursued opportunistic investments in many sectors of real estate. At its peak, the company had eight regional offices with over 1,500 employees and was one of the largest private real estate firms in the country. Over the last 20 years, Faison has developed or acquired over $3 billion of real estate. In January 2014, Faison spun out its advisory business in order to focus on investing its own capital. In October 2014, Faison sold its property management division to CNL Commercial Real Estate.
In the 2012–2015 timeframe, Faison developed eight apartments comprising 2,000± units in the Southeast and made numerous acquisitions. Future developments include 511 Queens (64 units) in Charlotte, 317 units on Daniel Island in Charleston, SC and 400 units in NoDa/Charlotte.
Today, Faison is focused on investments for its own account and multifamily developments utilizing the entrepreneurial spirit of its founder.