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.
Widening Return Premiums Renew Investor Focus on Acquisitions 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 sector, download our “Q4 2019 Single-Family Rental Investment Trends Report.” Explore key highlights, including: Occupancy Trends Cap Rates LTVs & Debt Yields SFR Construction Activity
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.
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.
While Gateway markets like New York and San Francisco still dominate, the STEAM job market (think STEM plus arts) is increasingly moving to Secondary markets.
The U.S. multifamily market continued to post positive results during Q1 2017. Rent growth remained strong, while vacancy remained low and demand kept pace with high levels of new supply. Investment activity was slow to start the year, although prices continued to increase.
Let’s examine the relationship between small asset apartment asking rents and household income across the nation.
Evaluating household income by renter segments helps apartment investors better position and price their units. In the case of small properties, married couples and individuals sharing rental units have significantly higher incomes.
Growth trends for small asset renters in highly skilled occupations are encouraging. These findings align with projected job growth forecasts into the middle of the next decade.
Despite a marginal improvement for small property renters, housing affordability levels remain uneven across the major metros in the US.
Dallas was one of the hottest multifamily markets in the U.S. during 2016. Rent growth accelerated as vacancy reached historic lows, strong employment growth continued to drive new development, and investment activity reached record highs.
Remember the days where finding and closing on a real estate deal averaged months? We’re pleased those days are long gone. Technology supplies small and large multifamily investors with the tools to speed up the acquisition, management, and disposition processes.
Though the rent gap between small and larger properties is shrinking for studio and one-bedroom units, new Census data shows that there are still substantial savings for larger units in smaller properties.