The share of household income spent on housing costs for small properties ranges significantly across the largest U.S. cities. Overall, this share has declined slightly with the ongoing economic recovery, improving affordability in recent years.
In their unit mix, small apartment buildings are more specialized in bigger units compared to large properties, while also being more affordable. Renters can find value in small apartment properties, as examined in this update.
FREDDIE MAC® Manufactured Housing Resident Owned Community Loan (MHROC) Designed specifically for Manufactured Housing Resident Owned Community (MHROC) Loans (also known as MH Cooperatives) Expands affordable housing options for underserved populations, particularly in rural and non-metro areas where MHROCs are prevalent Acquisitions/Conversions or Seasoned Refinances permitted
As we enter the later stages of the current economic cycle, a major topic of discussion among real estate players is how much longer will this trend of slow and steady growth continue. At the Mortgage Bankers Association’s CREF Market Intelligence Symposium 2018 in New York City, hosted by the New York University, Schack Institute of Real Estate, leading industry participants came together to discuss the state of the real estate market and where it’s likely to go, as well as the key factors impacting commercial real estate and the U.S. economy.
Small property unit demand from the boomer-senior age group is dominated by renters living alone, calling closer attention to property-level upgrades.
Your first deal with Arbor as your lender is just the start as we strive to build upon your success, transaction after transaction, with a level of personalization, customization and local market knowledge rarely experienced in multifamily financing.
Here’s a quick look at how demographics are contributing to a surge in renting single-family homes.
Household income data underscores the importance of small apartment buildings in maintaining workforce housing options, and thereby, the economic dynamism of cities.
