Q: What is the Arbor Small Multifamily Price Index (ASMPI)? A: The ASMPI estimates the average price appreciation for small multifamily properties on a quarterly basis, by comparing small multifamily cap rates and small multifamily rents. Q: What is an index? A: • An index starts with an assigned base, then increases or decreases with the change in value. In the case of the ASMPI, a base value of 100.0 is assigned to Q1 2000. • For example, if the ASMPI stood at 100, then increased 5.0% during the quarter, the new value would be 105. Likewise, if the index decreased 5.0%, the new value would be 95. • Other frequently used indices in the real estate industry include the S&P CoreLogic Case-Shiller Home Price Index and the Consumer Price Index. Q: What is the purpose of the ASMPI? A: • Given the lack of affordable rental housing supply to meet the robust demand, the index’s quarterly data provides insights on potential investment opportunities in the property sector. • The index fills an important need in the marketplace Read the full article…
How Many Renters Live in Small Apartment Buildings?
Americans living in small apartment buildings outnumber renters in large properties more than three-to-one.
9 Questions to Ask Your Commercial Lender
Whether you end up taking an Agency or Bank loan on your next apartment deal, there is no shortage of questions to ask your lender.
Foreign Investment in U.S. Multifamily Hits New Highs
Cross-border multifamily investment reached new highs during 2015, with Canada leading the pack.
Job Growth in 2016: Leading and Lagging Markets
Job growth is one of the most important factors to consider when deciding where to invest in multifamily properties. After all, a property owner will only be as successful as his or her tenants.
INFOGRAPHIC — A Perfect Storm of Multifamily Demand
Demographic and economic factors are combining to create a perfect storm of apartment demand. Our handy infographic outlines everything multifamily investors should know.
Fannie, Freddie or Banks: Which Apartment Lender is Best for You?
There’s no shortage of options when it comes to multifamily financing. Here’s five factors to consider when deciding on a commercial lender.