Memphis posted the highest multifamily rent growth in the U.S. during 2020, rising 3.8%. Vacancy rates were lower than the national average, as demand outpaced the addition of new supply. Investment activity remained high and cap rates fell to historical lows, as the local economy showed signs of recovery.
Multifamily rent growth in Memphis was the highest in the nation during 2020, driven by strong demand for workforce housing, as the area remained attractive to investors.
Corporate Governance Hotline Concerns or complaints about accounting, internal accounting controls or auditing matters may be submitted to the Audit Committee by contacting the Company’s Corporate Governance Hotline at 833.976.2046. These calls will be transcribed and submitted on a confidential, anonymous basis. You can also submit concerns or complaints by writing to the Chairperson of the Audit Committee (C/O General Counsel and Corporate Secretary) at Arbor Realty Trust, Inc., 333 Earle Ovington Boulevard, Suite 900, Uniondale, New York, 11553.
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Multifamily investors looking to finance the acquisition, refinancing or repositioning of their property have a variety of loan sources to choose from. See the top reasons why agency loans, which include financing products from the Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, remain a top choice for many investors.
The Los Angeles multifamily market experienced softness in 2020, but a rebound in sales activity to end the year is a positive signal for the metro. Read the full report for more insights.
The single-family rental (SFR) real estate sector went into the pandemic atop a healthy wave of momentum. Since the onset of the pandemic, domestic migration patterns and shifts in housing demand have unilaterally added fuel to the SFR fire.
The Joint Center for Housing Studies of Harvard University (JCHS) recently released its The State of the Nation’s Housing 2016 report, which found that multifamily vacancy is at three-decade low, while rents are at a three-decade inflation-adjusted high.
Download your free copy of the Summer 2016 Small Balance Multifamily Investment Trends Report.
What can apartment asset class tell us about the commuting patterns of their residents? Evidently a lot.
For many American renters, the monthly checks they send to their landlords also covers some basic utilities.
With $35.4 billion worth of multifamily investment sales, Q1 2016 was the strongest first quarter ever recorder for the apartment industry. Secondary markets and suburban properties represented much of that growth.
The multifamily market has experienced a nearly unprecedented run since the end of the recession. Multifamily growth has been driven by age related demographic trends, homeownership is nearing its lowest point in nearly half a century, and foreign investment reaching new highs.
Most new multifamily construction has focused on delivering large, amenity-rich properties. As the small asset (5 to 49 unit) apartment stock ages, the potential for value-add investment increases.
The size of an apartment property can tell you a lot about how its tenants earn a living. Larger assets typically mean larger incomes.
Download your free copy of the Spring 2016 Small Balance Multifamily Investment Trends Report.
Results from the first-ever ABA Commercial Real Estate survey point to a healthy 2016 when it comes to commercial real estate lending.