Annualized small multifamily lending volume jumped to $57.8 billion in Q3 2019. Read our Q3 2019 Small Multifamily Investment Trends Report for more insights on the multifamily sector.
Small multifamily made up the dominant share of rental inventory in Greater Los Angeles, but large multifamily stock is rising in the region.
Small Multifamily Prices Grow as Investors Respond to Lower Costs of Capital Small multifamily lending volume jumped to $57.8 billion on an annualized basis, the highest level of activity in Chandan Economics’ post-crisis model estimates. At the same time, small multifamily prices grew 6.6% year over year, driving cap rates down to 5.8%. The small multifamily sector is benefiting from persistent demand growth. As long as risk-taking remains at an appropriate threshold, small multifamily is poised to maintain healthy performance. Download the full report, “Q3 2019 Small Multifamily Investment Trends Report,” for key insights on the sector, including: Lending Volume Cap Rates & Spreads Interest Rates Leverage & Debt Yields
Manhattan’s rent premiums remain well above all other New York City boroughs, ranging from 20% in small properties to 30% percent in large buildings.
Higher yields will continue to exist in the skilled nursing facilities space, according to appraiser Michael Baldwin. But he explains some of the new Patient Driven Payment Model (PDPM) reimbursement system’s challenges. Baldwin gives an insider’s look at appraising senior healthcare real estate in an Arbor audio interview.
This annual report takes an in-depth look at how the landscape for large multifamily investment has evolved over the past year, and where demand growth is forecasted in the year ahead in the top U.S. markets.
The Medicare and Medicaid reimbursement system implemented on October 1 will require a shift in underwriting, according to Nikki Hoffpauir. As an attorney who represents lenders in real estate transactions, she discusses what to expect with this change. Listen to our Arbor Q&A.
The current real estate cycle, hot amenities and co-working were among the key topics panelists discussed at the recent NYU School of Professional Studies Third National Symposium of Women in Real Estate held in Manhattan.
