Q2 2020 Small Multifamily Investment Trends Report Small Multifamily Weathers the Storm TAKE THE PDF WITH YOU Table of Contents: State of the Multifamily Market Lending Volume of Multifamily Loans Arbor Small Multifamily Price Index Cap Rates & Spreads Leverage and Debt Yields Multifamily Market Outlook Key Findings: Small multifamily prices fell 5.6% from a year ago. Cap rates held steady as risk-free rates fell. Small multifamily LTVs dropped by 360 bps from the prior quarter. State of the Multifamily Market When the Nobel Committee meets this year to decide who has made the most meaningful contributions to the field of economics, they might as well give the honor to the epidemiologists. Right now, those experts are providing key indicators of the future of markets throughout the world shaped by the course of the COVID-19 pandemic. Disorganized and inconsistent reopenings in the U.S. economy have fanned the domestic spread of the coronavirus. There is a non-zero probability that parts of the country will need future lockdowns to curb the outbreak’s acceleration. Even without a formal lockdown, the present risk Read the full article…
Q2 2018 Small Balance Multifamily Investment Trends Report
Strong economic growth, rising interest rates, and exceptionally tight labor markets contributed to small balance lending volume reaching an annualized rate of $47.0 billion through the first half of 2018, down 5.8% from last year.
Southeast Region Multifamily Market Sees Strong Rent Growth in Q2 2018
The Southeast Region of the U.S. has continued to see strong rent growth, with nine of the 12 primary markets experiencing rent increases higher than the national average over the 12 months ending in Q2 2018. Vacancy rates across the region have skewed higher recently, driven by the addition of new supply in the markets.
INFOGRAPHIC: How to Address the Nation’s Housing Shortage
Rental demand across the U.S. is on the rise, but the supply of apartments is not keeping pace, resulting in a housing shortage. Did you know that the U.S. needs 4.6 million more apartments by 2030 in order to keep up with demand? This new infographic from the National Multifamily Housing Council and National Apartment Association takes a look at the issue by the numbers:
What Role Do Apartments Play in Off-Campus Student Housing Demand?
A sizeable share of collegiate Millennials lives in off-campus rental accommodations, with apartment buildings dominating this segment.
How Much Do Workforce Households Spend on Rent in the Top US Metros?
Small apartment properties play a crucial role in maintaining affordable rental options for the workforce segment across US metros.
Small Apartment Properties Form Core of Workforce Rental Demand in the Top Metros
Small apartment buildings comprise the largest share of workforce housing demand within the top 20 metros, while single-family rentals dominate the next 30.
Workforce Rental Demand Growing Faster in Smaller Metros
Workforce rental housing demand has increased the most in the smaller metros where apartment properties, both small and large, are increasing their shares of this demand segment.
The Changing Occupational Profile of Workforce Segment Renters
Workforce segment renters living in small apartment properties are adapting to the changing economy, while also representing a broad occupational base.¹
Multifamily Properties Capture Largest Share of Overall U.S. Workforce Housing Demand
Multifamily properties capture the largest share of the overall U.S. workforce rental demand, while single-family rentals are the largest individual asset class.
How Large is the Workforce Housing Rental Segment?
Rental demand from the workforce housing segment is on the rise, with a relatively higher concentration in single-family and small asset properties.