Arbor Chatter Top 10 Posts of 2021
As the U.S. commercial real estate market continued its recovery from the COVID-19 pandemic-related recession in 2021, the multifamily and single-family rental (SFR) sectors proved their resilience.
Multifamily rent growth burst through at the end of the year, after falling through much of the first half of the year, while vacancy rates remained at historical lows. SFRs continued to perform well, with a healthy inflow of investment capital and tenant demand, driven by the emergence of the build-to-rent segment.
Throughout the year we continued to provide unique research and insights into these markets. Here’s a look at our top Arbor Chatter posts from 2021, in case you missed them. And don’t forget to check out our most popular posts from previous years: 2020, 2019, 2018, and 2017!
Top 10 Markets for Multifamily Sales Volume in 2020
January 26, 2021 | By Matt Maison
“The U.S. multifamily market weathered the COVID-19 pandemic better than most sectors of the economy during 2020, boosted by stimulus packages that allowed tenants to generally keep up with rent payments.”
2021 Los Angeles Multifamily Investment Trends Report
March 4, 2021 | By Chatter Staff
“Much as high costs of living and higher state income taxes are driving many Northeast residents to the Sun Belt, a similar trend is well underway in Southern California, fueling outmigration to metro areas in neighboring Arizona and Nevada.”
Memphis Achieves Highest Multifamily Rent Growth in U.S. in 2020
March 31, 2021 | By Matt Maison
“The market posted the highest rent growth in the nation, driven by strong demand for workforce housing. Although the overall labor market has yet to fully recover from the recession, jobs in the area’s largest industry, transportation, made a complete recovery by the end of the year.”
Q1 2021 Small Multifamily Metro Area Cap Rate Trends
May 12, 2021 | By Chandan Economics
“Evidence suggests that assets located in less populated, though rapidly expanding, metro areas tended to perform better over the past year as residential demand flowed out of gateway markets and into more affordable and spacious alternatives.”
2021 Outlook: Single-Family Rentals Have More Runway Ahead
June 1, 2021 | By Chatter Staff
“Thanks to the sector’s still-low prevalence of professional management, efficiency-delivering tech adoption and supportive demographic drivers, there is little doubt that SFR has the solid fundamentals to sustain its momentum.”
Charlotte Multifamily Market Remains a Top Performer as Recovery Continues
June 16, 2021 | By Matt Maison
“Multifamily rent growth in Charlotte remained positive during the pandemic, recovering faster than the national average, while vacancy rates remained stable. Sales volume in the market slowed in 2020, although high investor demand continued to tighten cap rates.”
Top U.S. Multifamily Rent Growth Markets — Q2 2021
August 12, 2021 | By Matt Maison
“Tucson moved into the top spot this quarter, with effective rents rising 3.8% year over year in The Old Pueblo. Although the local economy has yet to recover from the recession, the housing market has been thriving, with surging home prices and new home construction.”
Single-Family Rental Investment Snapshot — Q2 2021
August 23, 2021 | By Matt Maison
“Prior to the COVID-19 pandemic, SFRs had already experienced record growth, as more institutional participants entered the space. The sector performed well in the second quarter of 2021, driven by robust demand that led to surging rent growth and improving cap rates.”
The Proposed Federal Budget and What It Means for Affordable Housing
August 18, 2021 |By Chandan Economics
“The proposed federal budget for fiscal year 2022 (FY22) signals housing affordability is a significant policy priority. The nation’s affordable housing shortage has regained attention amid the pandemic’s outsized impact on income-constrained households.”
U.S. Multifamily Market Snapshot — Q3 2021
September 19, 2021 | By Matt Maison
“After struggling through the first half of the year, the U.S. multifamily market burst through in the third quarter of 2021.”
Interested in the multifamily real estate investment market? Contact Arbor today to learn about our array of multifamily and single-family rental financing options and view our other market research and multifamily posts on the Chatter blog.