For exclusive insights on the SFR market, read our Q2 2019 Single-Family Rental Investment Trends Report. This report features proprietary research on occupancy rates, cap rates, debt yields, build-to-rent construction and more.
While still at a nascent stage, the segment of seniors living with roommates is proving to be prevalent in both large and medium-sized metros.
Build-to-Rent Strategies Gain Momentum as Long-Term Outlook Firms The market for single-family rentals (SFRs) in the United States has seen transformational change in recent years, and momentum in 2019 appears to be full-steam ahead. Demand growth has outpaced the ability of the sector to convert existing residential supply. To address this, home builders and SFR operators are doubling down their bets on the sector and turning to build-to-rent strategies. For exclusive insights on the SFR sector, download Arbor Chatter’s “Q2 2019 Single-Family Rental Investment Trends Report.” Explore key SFR highlights, including: Occupancy Trends Cap Rates LTVs & Debt Yields Build to Rent Construction
Small balance multifamily lending volume in the first half of 2019 totaled $58.5 billion on an annualized basis, representing a 7.9% gain from 2018’s total. Read our Q2 2019 Small Balance Multifamily Investment Trends Report for more insights on the sector.
Since 2005, the number of single-family rental (SFR) households had swelled by more than 36%. Over the same period, total U.S. households increased by 11%.
In Part 2 of this new video series from Arbor and Chandan Economics, we focus on the small balance multifamily market’s fundamentals and performance throughout this cycle.
Small Balance Lending Surges Through First Half of 2019 Small balance multifamily lending volume in the first half of 2019 totaled $58.5 billion on an annualized basis, representing a 7.9% gain from 2018’s total. Whether the macroeconomic and real estate cycle continues to lengthen or we begin to see signs of a market correction, we can expect the small balance market to hold steady as lenders continue to maintain conservative underwriting. In the interim, favorable interest rates will elevate refinancing activity, and the sector’s continued maturation and increased agency support will continue to promote liquidity in the space. For more insights on the small balance multifamily sector, read Arbor Chatter’s “Q2 2019 Small Balance Multifamily Investment Trends Report.” Explore charts and insights, including: Lending Volume Cap Rates & Spreads Interest Rates Leverage & Debt Yields
With LIBOR set to expire at the end of 2021, multifamily lenders are preparing to transition to an adjustable-rate alternative. The Secured Overnight Financing Rate (SOFR) has been recommended by several industry players as the preferred alternative.
