Networking and attending industry conferences to learn trends and insights are among the most advantageous ways young commercial real estate finance professionals can advance in their careers. This year, Gabriel Rondon, Analyst, Structured Asset Management at Arbor and a CRE Finance Council (CREFC) Young Professionals Network member, was selected as one of the network’s ambassadors at CREFC Miami, giving him a golden opportunity to expand his professional horizons.
Although the single-family rental (SFR) sector’s profile expanded after the 2007-2010 subprime mortgage crisis, the number of its households slid between 2016 and 2020 as many rentals transitioned into owner-occupied homes. Following a period of pandemic-related uncertainty, SFR has returned to growth mode, increasing its number of households for the second time in three years.
Arbor’s Special Report Spring 2025, developed in partnership with Chandan Economics, covers the state of the U.S. rental housing market on the cusp of a new cycle. After a year of steady growth, favorable trends put wind in the sector’s sails, giving rise to budding optimism. With the economic landscape shifting, the rental housing market’s resilient performance in 2023 and 2024 provides a solid foundation for continued growth.
Continually challenged by low inventory, affordable housing sits at a crossroads following the 2024 election. Incoming leadership plans to introduce market-based principles to an agenda that may also include an expanded Housing Choice Voucher program.
A loan closing is only the beginning of the borrower-lender relationship. Partnering with a lifecycle lender that also services its loans gives borrowers continuity from origination through servicing. Throughout the life of the loan, borrowers can benefit from in-house commercial loan servicers’ tailored solutions and superior customer service, which are hallmarks of a strong long-term partnership.
Four in 10 renters in large multifamily apartment communities do not envision homeownership as a part of their American Dream, a survey by Entrata recently found. Instead, lifestyle renters opt for newly constructed, high-quality rental housing with many of the typical amenities of homeownership without its traditional downsides.
The structural strengths of the single-family rentals sector far outweigh cyclical headwinds as it remains well-positioned to build on its momentum in 2025 and beyond.
Multifamily households reached a new high for the third consecutive year in 2023, extending a growth spurt that began after the 2008 housing crisis. With strong tailwinds at its back, multifamily’s latest record may not stand for very long.
Did you know that insurance costs for owners, operators, and developers of rental housing have climbed by an average of 26% over the last year? Rising interest rates and other economic headwinds make 2023 different than other years. If you need to acquire or renew rental property insurance, there are a few things you should know.
Last month, the Department of Housing and Urban Development (HUD) announced the removal of the $25 million loan amount cap for transactions under the Low-Income Housing Tax Credit (LIHTC) Pilot Program. Heralded as a massive win for affordable housing, this opens the door to more investment in a sector where tenant demand outweighs available supply.
Environmental, social, and governance (ESG) programs do more for a company than meets the eye. This emerging framework, which reimagines how corporations interact with the world around them, can boost profitability and valuation. But did you know ESG programs also provide lesser-known benefits that are equally valuable to investors and other stakeholders?
Utah is quietly having a moment. Already a national leader in natural population increase and state-level population growth, its nexus of metros, including Salt Lake City, Provo, and Ogden, has attracted increasing numbers of young, high-income renters due to its affordability, robust labor market, and exciting outdoor activities.
Most rental markets from New York City to San Francisco are tight right now, but are some feeling the pinch more than others? To answer this question, Chandan Economics created a matrix that analyzes rent growth and rental occupancy rates to find out which metro markets have the highest demand for rental housing.
Did you know? As a longstanding U.S. Department of Housing and Urban Development (HUD) Federal Housing Administration (FHA) Multifamily Accelerated Processing (MAP) lender, Arbor has closed more than 250 FHA loans – and that count is climbing. In the first quarter of 2023, amidst a volatile market, Arbor worked with borrowers to secure more than $148 million in FHA financing.
Arbor’s Single-Family Rental Investment Trends Report Q1 2023, developed in partnership with Chandan Economics, explores a growing multifamily sector with a unique ability to rise above macroeconomic headwinds. Last year, investors purchased more single-family rental (SFR) units than in 2021 as uncertainty rippled through the commercial real estate industry. Construction in the sector also ramped up in 2022, with starts reaching all-time highs by unit count and market share. This upward trend, fueled by significant structural support, sets SFR apart from many other commercial real estate sectors.
When apartment investors consider locations for capital deployment, growth potential is a top-of-mind concern. On a local level, population changes can influence everything from rent growth to occupancy to future property values. County-level positive net migration and natural population growth trends, identified in an analysis of U.S. Census Bureau data, reveal the counties where demographic tailwinds make a compelling case for real estate investment.
In this video, Sam Chandan, professor of finance and Director of the Chen Institute for Global Real Estate Finance at the NYU Stern School of Business, discusses the key findings of Arbor’s Affordable Housing Trends Report Spring 2023, developed in partnership with Chandan Economics. He adds context to the Federal, state, and local housing policy trends impacting the future of the affordable sector, which, he notes, continues to have the highest development prospects of any residential subtype.
The small multifamily subsector, strengthened by sound structural fundamentals, is well-positioned to face distress due to interest-rate pressure. Even though pricing has slid lower and cap rates have risen, it should remain resilient in the coming quarters. A deep dive into a uniquely positioned subsector, Arbor’s Small Multifamily Investment Trends Report Q1 2023, developed in partnership with Chandan Economics, analyzes the competing headwinds and tailwinds influencing investment performance.