Articles
The U.S. multifamily market weathered the COVID-19 storm better than other commercial real estate sectors during 2020. Rent growth was slightly down, but renters kept up with payments, boosted by stimulus packages. Sales volume was also down, although property values showed an increase.
Articles
Small multifamily lending volume finished 2020 at $55.7 billion, as a surge in refinancing activity muted the severity of the drop-off. Here’s a quick look at Q4 2020 small multifamily investment benchmarks.
Investment
In a new special report series, Arbor Chairman and CEO Ivan Kaufman examines the state of the economy and the unique factors impacting our path to recovery. The inaugural piece focuses on what we can expect in the next six to eight months and examines where we have been thus far.
Articles
The Q4 2020 Small Multifamily Investment Trends Report notes that small multifamily prices rose again in the fourth quarter of 2020, up 1.6% from the previous quarter and 2.0% year-over year. Read the full report for exclusive research and commentary.
Articles
Dallas finished as the top destination for multifamily capital for the second straight year, as Sun Belt markets such as Atlanta and Phoenix continued to attract investors.
Analysis
Throughout the year we continued to provide unique research and insights into the multifamily market, while expanding our coverage into the rapidly growing single-family rental sector.
Press Releases
UNIONDALE, NY (December 15, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently financed Fannie Mae loans in seven states across the U.S. The properties, made up of 1634 units, received $92.6M in funding. Ryan Duff of Arbor’s New York City office originated the loans. “Arbor has been able to keep up with the preservation of affordable housing through Fannie Mae’s mission-driven product lines during the pandemic,” Duff said. “While rates remain low, we’re able to offer cost-effective, highly leveraged and competitive structures to our customers for all of their multifamily financing needs.” Highlights of Transactions The following properties received financing through the Fannie Mae DUS® program: Oaks at Five Mile Apartments in Dallas, TX, received $9.6M in acquisition financing in the first quarter of 2020. Built in 1977 the two-story, 196-unit property features walk-in closets, patios and balconies. Retail shopping and the Dallas Zoo are nearby. Tuscany Village Apartments in Oklahoma City, OK, received $9M in refinancing in the second quarter of 2020. The community includes 306 units with hardwood floors, vaulted ceilings Read the full article…
Articles
The Indianapolis multifamily market experienced the nation’s highest rent growth during the third quarter of 2020 and the vacancy remained near record lows.