The Los Angeles multifamily market experienced softness in 2020, but a rebound in sales activity to end the year is a positive signal for the metro. Read the full report for more insights.
Single-Family Rental Portfolio Financing Trends
As commercial real estate investors move further out on the yield spectrum, they are increasingly considering the single-family rental (SFR) asset class. Large portfolio transactions have made headlines in recent years, yet individual investors still own 80% of the SFR marketplace.
Beyond the Nest: Young Adults in Multifamily are Less Likely to Live with Relatives
Young adults in multifamily properties are less likely to still be living with their parents compared to the overall young adult U.S. population, which includes those in owner-occupied homes and all rental housing.
Older Renters are Increasingly Living Alone
A growing share of older renters is living alone, with small asset properties experiencing robust gains from this demand segment.
As Millennials Age, So Do Their Renting Preferences
While a large share of millennials still lives with roommates, this age group is beginning to move out on their own or starting families as they age.
Small Asset Multifamily Grows Share of Non-Family Households
Smaller multifamily properties have grown their share of non-family households. On the other hand, large properties are appealing most to married couples. The share of renters living with roommates continues to rise across all apartment property types.
CRE CLO Issuance to Remain Flat in 2019
Despite a slowdown in CRE Collateralized Loan Obligation (CLO) issuance over the last six months, industry participants expect activity to pick up and ultimately result in flat volume of $15B to $17B to end 2019, noted several panelists at IMN‘s 1st Annual Investors’ Conference on CRE CLOs.
Freddie Mac Multifamily Introduces Optigo Lender Network
Freddie Mac recently announced the launch of Freddie Mac Optigo℠, the new name for its lender network and loan products. As part of the Freddie Mac Optigo network, Arbor will continue to offer you customized multifamily financing solutions to meet your unique investment needs.
Las Vegas Multifamily Market Snapshot — Q4 2018
Las Vegas led the nation in rent growth in 2018, at 8.6% year-over-year. This strong performance was largely driven by strong population growth and a high concentration of prime-age workers. The addition of new supply to the market resulted in a slight uptick in the vacancy rate, but it remained among the lowest nationally.
Top Rental Markets for the Baby Boomer-Senior Segment
Rental demand for Baby Boomer-Senior renters is most concentrated in affordable, amenity-rich large apartment properties in smaller metros.
U.S. Multifamily Market Snapshot — Q4 2018
The U.S. multifamily market further solidified itself as the premier real estate asset class in 2018. Rent increases continued and vacancy rates remained low, despite high levels of development activity. Investment sales reached record-high volume levels, amid low cap rates and rising prices.