Current Reports

Single-Family Rental Investment Trends Report Q2 2025

Bolstered by robust build-to-rent (BTR) activity, the single-family rental (SFR) sector continued to display strength even as the residential housing market moderated. Arbor’s Single-Family Rental Investment Trends Report Q2 2025, developed in partnership with Chandan Economics, provides original research and analysis of key performance metrics for investors to take a closer look at a sector on the rise.

Analysis

Small Multifamily Investment Snapshot — June 2025

Amid ongoing macroeconomic uncertainty, the small multifamily sector remains favorably positioned for stability as the structural need for affordable housing in the U.S. has supported the strength of the sector’s demand profile.

Articles

Single-Family Build-to-Rent Starts Remain Robust

As build-to-rent (BTR) demand rises, single-family rental (SFR) development has become more efficient in creating a distinct, community-focused experience for renters. Newly released U.S. Census Bureau data confirms that SFR/BTR development continues to be robust and stable, with its annualized pace of construction in the first quarter of 2025 matching the previous quarter’s tally.

Articles

Top Multifamily Markets for Low Renter Turnover

Tenant retention is a valuable — though sometimes elusive — contributing factor to the strength of a multifamily property. Nationally, 29% of multifamily households signed a third lease for the same unit, according to an analysis of the U.S. Census Bureau’s American Community Survey. Locally, renter turnover was lowest in major coastal markets, like New York City, and highest in transient renter markets, like Charleston, SC.

Current Reports

Small Multifamily Investment Trends Report Q2 2025

While markets undergo rapid recalibration, the small multifamily market’s performance remains strong and stable. Arbor’s Small Multifamily Investment Trends Report Q2 2025, developed in partnership with Chandan Economics, details how the sector’s resilient fundamentals effectively support its growth amid ongoing economic volatility.

Proprietary Preferred Equity behind Conventional Loans

FREDDIE MAC® Proprietary Preferred Equity behind Conventional Loans   Arbor now offers access to proprietary preferred equity behind all Freddie Mac Conventional loans we originate. With Arbor, you can simultaneously secure a senior loan and preferred equity under one roof, streamlining your experience throughout the lifecycle of your loan.

General: 800.Arbor.10

Ivan Kaufman Talks Arbor’s Success in Multifamily During COVID-19 at NYU Capital Markets Leadership Series

Kaufman Shares Why Multifamily Has Remained a Strong Asset Despite the Global Pandemic

Ivan Kaufman, the founder, chairman and CEO of Arbor Realty Trust, Inc. (NYSE:ABR), appeared as the first featured guest on the NYU Schack Institute of Real Estate’s Capital Markets Leadership Series. Defying the negative economic pressures of COVID-19, Arbor achieved strong earnings. Kaufman shared an insider’s view of what’s behind his company’s phenomenal success and forecasts for the multifamily sector’s post-coronavirus future.

“Our earnings have never been better,” Kaufman stated to the program host, Sam Chandan, dean of the Schack Institute. “Most people are cutting their dividends or trying to figure out how to maintain them. We’ve increased our dividend in the pandemic.”

Arbor’s experienced management team anticipated the recession, following a 10-year bull run. The company structured its balance sheet and its lending, positioning itself for strong performance during the economic downturn. As suggested in other recent interviews, Ivan emphasizes how the REIT has a strategically diversified business platform. This includes serving as a top Fannie Mae and Freddie Mac small multifamily lender having a more than $5 billion balance sheet, and being active in growth areas such as single-family rentals (SFRs).

With headquarters in Uniondale, New York, Arbor has had many of its employees return to the office ahead of its peers. Kaufman advised companies to exercise common sense with phased re-openings and to consider density, transportation and the effectiveness of remote working.

Despite COVID-19, multifamily has performed exceptionally well. He credited the CARES Act with enabling people to pay rent and keeping the economy afloat. Prior to the pandemic, multifamily properties experienced consistent rent increases of 3% to 5% each year, for the last decade.

Even with the coronavirus disruptions, Kaufman opined multifamily remains a solid asset class. “When you underwrite a loan and the property is 95% occupied, there is coverage. You can go down to 87% or 86% occupied before you start seeing some pain. So, we’re in good territory,” he explained. “It’ll get a little bit softer, but I think overall, we’re in an extraordinarily great place.”

He pointed out that investors can refinance with today’s low interest rates, offsetting a decline in rents and occupancy with reduced mortgage payments.

However, the head of one of the nation’s leading multifamily lenders noted Class A urban properties will suffer as COVID-19 has accelerated the demand for reduced density and millennials are moving to the suburbs to form families.

“Absorption is going to be a lot slower. That will be the soft part of the market, no question about it,” said Kaufman. “The workforce housing, the B and C, specifically Class B properties, are holding up extraordinarily well.”

In addition, Fannie Mae and Freddie Mac support the multifamily market, providing liquidity and consistency in multifamily lending. During the interview, Kaufman also discusses the growth in SFR demand, additional investment opportunities, other capital sources, the CMBS market, technology and much more.

Listen to the full NYU Schack Institute of Real Estate Capital Markets Leadership Series Interview.

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For more of Ivan Kaufman’s perspective on current multifamily trends, visit Arbor in the News. Contact Arbor to learn about our multifamily solutions to address your business goals.