Articles

Renters Account for Majority of Household Growth

The number of rental households climbed nearly 2% last year, as 848,000 more households became renters, an analysis of the U.S. Census Bureau’s Housing Vacancies and Homeownership Survey shows (Chart 1). Rental households also hit a new high of 45.3 million, accounting for more than half of all U.S. household growth in 2024. Weakening affordability, evolving lifestyle preferences, and a limited supply of quality housing all contributed to surging multifamily and single-family rental (SFR) demand.

Articles

Solar Panel Usage Accelerates in Rental Properties

Solar panel installations, which skyrocketed in the U.S. over the last half-century, are projected to double to 10 million in just six years. While installations soared in all types of residences, owner-occupied properties significantly outpaced rentals. However, the evolving economics of solar power may be approaching a tipping point for single-family rental (SFR) operators looking for a differentiator.

Analysis

Small Multifamily Investment Snapshot — March 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

Top Markets for Rental Occupancy

Nationally, vacancies have risen, but the performance of rental housing is extremely localized. Out of the 75 largest U.S. metropolitan areas, the occupancy rate for all types of rental properties, including single-family rentals, 2-4 family, multifamily, and mobile homes, increased in 36 markets last year, while exceeding 95% in nearly one-third of all markets, according to an analysis of newly released U.S. Census Bureau data.[1] From Grand Rapids, MI, to Columbia, SC, the top markets for rental occupancy show where conditions are tightest and demand is strongest.

Current Reports

Single-Family Rental Investment Trends Report Q1 2025

Arbor’s Single-Family Rental Investment Trends Report Q1 2025, published in partnership with Chandan Economics, is an up-close look at the single-family rental (SFR) sector as it enters a period of normalcy after explosive pandemic-era growth. SFR maintains its balance with the support of a healthy set of fundamentals while capital markets rebound and rent growth moderates.

General: 800.ARBOR.10

Sean Coon

Senior Vice President, Operations

Sean Coon oversees and streamlines the operations of Arbor’s deal pipeline. He collaborates with originators and underwriting teams to satisfy borrowers’ needs while adhering to Arbor’s credit standards.

Since joining Arbor in 2017, he has successfully underwritten more than $3 billion in loans across various products, including Fannie Mae, Freddie Mac, Structured Bridge, Commercial Mortgage-Backed Securities (CMBS), Build-to-Rent (BTR), and Single-Family Rental (SFR). Before joining Arbor, Mr. Coon worked in the commercial real estate sector, focusing on investment sales, acquisitions, and syndication.

He started his career at Arbor as an Underwriter and rose through the ranks to Senior Underwriter, Associate Vice President, and Vice President. Mr. Coon has more than 15 years of real estate analysis, sales, and investment experience.

Mr. Coon earned a Bachelor of Science in Business Administration from the University of Southern California, with a concentration in Real Estate Finance.

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