The Cincinnati multifamily market experienced a strong first quarter of 2019, with record investment activity and rent growth. Here’s a quick look at the Cincinnati market’s finance and investment benchmarks for Q1 2019.
Finance
Borrowers looking to expand their single-family rental (SFR) portfolio and secure financing to carry out their investment strategy might be wondering what are the key factors lenders consider when reviewing a borrower for a loan. Here are several tips for borrowers looking to build, acquire, fix, sell or rent their SFR portfolios.
Abundant incoming capital, the entrance of new private lenders and institutional investors, and technological innovation are among the top trends to watch in the single-family rental (SFR) market over the new few years. This is according to speakers on the “State of the SFR Industry” panel at IMN’s 7th Annual Single-Family Rental Investment Forum East, held in Hollywood, FL.
Research
As the tail of this economic expansion extends further, real estate investors continue to search for yield by investing outside of primary markets. Cincinnati has been a beneficiary of that trend, and the market is booming.
Articles
As the inventory of lower-priced homes continues to decline post-crisis, SFR investors are finding success and achieving greater yields in the build-to-rent market, noted several panelists at the recent IMN 7th Annual Single-Family Rental Investment Forum East in Hollywood, FL.
Major California and Florida cities headline the list of least affordable metros for apartment renters.
Overall rental affordability has shown marginal improvement across apartment properties, but cost burden concerns remain a big issue nationwide.
Arbor introduces its first Single-Family Rental Investment Trends Report, featuring proprietary SFR research. Read our Q1 2019 report for exclusive insights on the market. Topics include occupancy trends, cap rates, debt yields and build to rent construction.