Young adults in multifamily properties are less likely to still be living with their parents compared to the overall young adult U.S. population, which includes those in owner-occupied homes and all rental housing.
A growing share of older renters is living alone, with small asset properties experiencing robust gains from this demand segment.
While a large share of millennials still lives with roommates, this age group is beginning to move out on their own or starting families as they age.
Smaller multifamily properties have grown their share of non-family households. On the other hand, large properties are appealing most to married couples. The share of renters living with roommates continues to rise across all apartment property types.
Despite a slowdown in CRE Collateralized Loan Obligation (CLO) issuance over the last six months, industry participants expect activity to pick up and ultimately result in flat volume of $15B to $17B to end 2019, noted several panelists at IMN‘s 1st Annual Investors’ Conference on CRE CLOs.
The Benefits of Streamlined Rate Lock in an Ever-Changing Interest Rate Environment As we move into 2019, potential risks to economic growth and the possibility of a higher interest rate environment are causing uncertainty among industry stakeholders, including multifamily borrowers. Fannie Mae’s Streamlined Rate Lock (SRL) helps borrowers mitigate the risk of interest rate volatility by providing the ability to rate lock their loan, capitalizing on a rate that could ideally maximize loan proceeds. Download our article to learn: • How Fannie Mae’s SRL can offer peace of mind in an everchanging interest rate environment • Some key benefits of using SRL • Several scenarios in which SRL would be a choice loan solution
Freddie Mac recently announced the launch of Freddie Mac Optigo℠, the new name for its lender network and loan products. As part of the Freddie Mac Optigo network, Arbor will continue to offer you customized multifamily financing solutions to meet your unique investment needs.
Las Vegas led the nation in rent growth in 2018, at 8.6% year-over-year. This strong performance was largely driven by strong population growth and a high concentration of prime-age workers. The addition of new supply to the market resulted in a slight uptick in the vacancy rate, but it remained among the lowest nationally.
