Inflation concerns, new virus variants, tighter monetary policy and high construction costs are among the top factors set to impact multifamily in the year ahead. Read on for the full lookahead from Arbor and Chandan Economics.
UNIONDALE, NY (February 22, 2022) – Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare, and other diverse commercial real estate assets, is pleased to announce the appointment of David E. Friedman, Executive Vice President, Syndicated Markets & Institutional Venture Lending Management. Mr. Friedman will lead Arbor’s loan syndicated lending platform, as well as develop strategic joint-venture lending partnerships that will allow Arbor to expand upon its existing loan origination capabilities. Further, he will manage those platforms as a member of Arbor’s executive committee, helping to grow upon another record-setting year of loan production. “David comes to Arbor with over two decades of experience in real estate finance, multifamily loan production and managing capital markets,” said Ivan Kaufman, Chairman and CEO of Arbor Realty Trust. “His expertise in these areas will help support our corporate growth strategy and we look forward to the many contributions he is certain to make during his tenure at Arbor Realty Trust.” Previously, Mr. Friedman Read the full article…
Multifamily rent growth for the U.S. overall was up 12.5% during 2021, the largest annual gain since REIS began tracking data in 1980. As was the case throughout the year, Florida markets were found up and down the list of top rent growth markets.
Despite a slow start to 2021, the U.S. multifamily market posted a record-breaking year. Rent growth was the highest since REIS began tracking data in 1980, as vacancy rates continued their downward trend. Investment sales also shattered previous records, while cap rates remained near historic lows and below those of other major property types.
The single-family rental sector (SFR) enjoyed its best year on record in 2021, as demographic and pandemic-related forces combined with growing investment enthusiasm. This report provides an in-depth look at the SFR market with exclusive data and analysis on its performance.
Even as the Omicron variant evades our collective vaccine protection and prompts recalibrated expectations for the new year, our economic sensitivity to the viral threat is markedly less than it was in spring 2020. A potential outcome is the pandemic will gradually fade into a highly contagious though comparatively manageable endemic through this upcoming year and beyond.
The single-family rental sector (SFR) enjoyed its best year on record in 2021, as demographic and pandemic-related forces combined with growing investment enthusiasm. This report provides an in-depth look at the SFR market with exclusive data and analysis on its performance. Key Findings: Cap rates dipped to 5.3% in fourth-quarter 2021 — a new all-time low Vacant-to-occupied (V2O) annual rent growth remains robust, hitting 13.5% through October Occupancy rates edge down to 94.8% in the third quarter, just 50 bps off their generational high Complete the form to instantly access the full report!
The initial year-end 2021 estimate of new multifamily lending volume on loans with original balances between $1 million and $7.5 million1 — including loans for apartment building sales and refinancing — surged to $85.4 billion. The estimate is a substantial step-up from previous 2021 annualized estimates, reflecting a sizable increase in originations at the end of the third quarter through the end of the year.
From in-depth reports to impactful articles, Arbor is your source for exclusive content about key trends impacting investment within commercial real estate markets, including multifamily, single-family rentals, and affordable housing.
The top U.S. multifamily markets by sales volume included major cities like Manhattan and Chicago, with several Sun Belt metros making the list.
Multifamily rental demand is undergoing a multi-generational transformation. While millennials still form the dominant share of renters in the U.S., Gen Z’s impact is growing and will only continue to increase in the years ahead.
Over the past decade, the market for single-family rentals (SFRs) has evolved. In a few years, we will likely look back and consider 2019 to be the sector’s inflection point, where it transitioned from a niche, alternative asset class to a mainstream property type. For exclusive insights on the SFR market, read our fourth-quarter 2019 report.
Annualized small multifamily lending volume reached $59.2 billion in Q4 2019. Here’s a quick look at the quarter’s small multifamily investment and finance benchmarks.
Experts say the private and public sectors must work together to scale construction and provide more affordable housing options.
An estimated 31.2 million households, or 28% of total U.S. households, fell within the workforce segment by year-end 2018. Forty percent of workforce households, or around 12.4 million, are renters.
Year-end 2019 estimates for small multifamily lending volume reached $59.2 billion, beating the prior quarter’s forecast by $1.4 billion and marking the highest level of activity in Chandan Economic’s post-crisis model estimates. Download the Q4 report for key insights on the small multifamily market.
The U.S. multifamily market posted strong results to end 2019, with the fourth quarter seeing 3.7% year-over-year rent growth.
The JCHS 2020 report underscores the national affordable housing crisis. It points to growing numbers of renters with high incomes as well as those who are cost-burdened.
Small multifamily promotes greater accessibility to housing for workforce households than large multifamily. About 62% of all small multifamily households made less than $50,000 annually.