Multifamily rent growth in the U.S. continued to be distributed throughout a variety of markets, which contrasted with the previous two years when Sun Belt markets dominated the list.
Multifamily rent growth in the U.S. continued to be distributed throughout a variety of markets, which contrasted with the previous two years when Sun Belt markets dominated the list.
FANNIE MAE® Workforce Housing Social Impact Financing: Sponsor-Dedicated Workforce Housing (SDW) V103123
FANNIE MAE® Workforce Housing: Sponsor-Initiated Affordability (SIA) V103123
Arbor’s Small Multifamily Investment Trends Report Q4 2023, developed in partnership with Chandan Economics, is a snapshot of a strong and resilient subsector continuing to navigate ongoing market dislocation. The report shows that distress has remained limited, even with valuations and measures of risk pricing in flux. As conditions start to stabilize, there are signs that deal activity is picking up.
The U.S. multifamily market held steady during the third quarter of 2023, as high mortgage rates and a lack of inventory in the housing market continued to drive rental demand.
Over the past year and a half, the Federal Reserve has embarked on one of its most aggressive monetary tightening cycles in history. With the federal funds rate sitting above 5.25% and two more Federal Open Market Committee (FOMC) policy meetings scheduled through the end of 2023, questions remain about how short- and medium-term monetary policy adjustments could influence multifamily investing. While a rapid reversal is unlikely, the next phase could ease some interest rate pressure.
Arbor’s Top Markets for Large Multifamily Investment Report 2023 is a roadmap for investors searching for the most desirable locations to invest $20 million or more. Developed in partnership with Chandan Economics, the study is a market-level comparison of the top 50 U.S. cities poised for apartment sector growth over the next year. This annual report pinpoints areas of opportunity at a time when economic headwinds have altered individual market dynamics.
Download Overview PDF Overview When you need financing for new construction – with an eye towards long-term ownership – Arbor now offers multifamily investors short-term, floating-rate financing to be matched with our existing suite of financing products and programs. Arbor Private Construction (APC) serves as a complement to our established and impactful Single Family Rental (SFR) and Build-to-Rent (BTR) construction lending program. All Arbor sponsors benefit from the highest level of partnership and customer service along the life cycle of their loans. Arbor offers Fannie Mae, Freddie Mac, FHA, Bridge, Non-Agency and CMBS permanent financing, ensuring a smooth loan transition all with one lender. Arbor offers a complimentary loan program to our existing product lines to give borrowers added flexibility and financing options for their market-rate properties. Arbor’s Private Construction Program is Easier than You Think Arbor Private Construction Loans range from $25 million to $100 million Up to 75% Loan-to-Cost, subject to minimum underwritten exit debt yield & DSCR Underwritten to an Agency-qualifying loan exit Secure a lending partner to stand with you when the shovel meets the Read the full article…