Small Multifamily Investment Snapshot — Q4 2019
February 18, 2020

Year-end 2019 estimates for small multifamily lending volume hit $59.2 billion, the highest level of transaction activity in Chandan Economics’ post-crisis estimates. The affordable housing supply shortage, attractive borrowing rates and the low interest rate environment have all propelled Q4 2019 small multifamily lending volumes higher.
Small multifamily prices, as measured by the Arbor Small Multifamily Price Index, are up 1.4% from the third quarter and 6.8% from fourth-quarter 2018.
Here’s a quick look at the small multifamily benchmarks for the fourth quarter of 2019.
For more insights on the small multifamily market, view our recent webinars on the topic and read the full Q4 2019 Small Multifamily Investment Trends Report.