Fannie Mae Multifamily recently honored Arbor with its prestigious 2022 DUS Lender Award for Excellence in Technology, citing it as “a constant source of innovative ideas” and “a stalwart partner” in driving “Fannie Mae’s digital transformation for the DUS community.”
The U.S. multifamily market continued to show signs of slowing during the first quarter of 2023. Rent growth was down from the skyrocketing pace seen in 2021 and 2022, although demand remained strong and vacancy held near historic lows.
Even as home prices posted their first annual decline in over a decade in March, affordability remains an urgent economic and policy challenge. Today, no states currently have an adequate amount of affordable and available homes for their lowest-income renters. With public support for improving housing affordability growing stronger, state and local governments have been prioritizing policy solutions to close the nationwide housing gap.
Cash Flows Remain Resilient as Valuations and Cap Rates Feel Interest Rate Pressure 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 Read the full article…
Single-family rentals’ role in the U.S. housing ecosystem is malleable. In different markets, this product type serves different purposes — acting as a magnet for transient lifestyle households in some metros, while providing families with affordable access to quality public school districts in others. As a result, SFR retention rates vary dramatically across the country, depending not only on the cost of homeownership but on the purpose that single-family rentals serve in that market, creating a unique group of top markets.
Over the last few years, the list of top rent growth markets was dominated by the more affordable Sun Belt markets. However, over the last several months, a more diverse selection of markets has comprised the list.
High interest rates and low housing supply have bolstered demand for single-family rental (SFR) communities as Millennials and Generation Z seek affordability in starter homes. Today, SFRs represent more than half of the U.S. rental market, and economists project that share will grow in the years ahead. With low operating costs, steady supplemental income, and long-term growth potential, investing in single-family homes offers considerable upside in a recessionary environment.
Arbor is proud to have planted thousands of trees in the past 40 years – more than 13,000 in the past two years alone – and we’re still going strong. Since day one, Arbor’s focus on community-building, which grew from the forward-thinking vision of Founder, Chairman and CEO Ivan Kaufman, has defined the company’s direction and driven its philanthropic activities.
Influenced by demographic, healthcare, construction and technology trends, the seniors housing market is one of the most dynamic sectors in commercial real estate. Chatter aims to arm you with the research and insight needed to thrive in the seniors housing space.
Sharing rental homes is no longer just a Millennial affair. The number of seniors living with unrelated roommates has swelled in recent years, capturing the national spotlight
Increased life expectancy, aging baby boomers and the skyrocketing costs of hospital stays have created demand for a broader, more comprehensive set of seniors housing options. An expert panel met at the Mortgage Bankers Association’s (MBA) 2018 CREF conference in San Diego to expound on trends in the ever-evolving sector.
When comparing rental demand by age segments, Baby Boomers stand out as the fastest growing group across the rental market.
Though a clear majority of senior householders in apartments do not work, delayed retirement has become a rising trend. Since the financial crisis, this trend has created a growing demand segment for small apartment building owners.
Our research illustrates that senior rental location preferences are strongly segmented along both age subgroups and by housing costs. Metro market size also plays a large role.
Seniors are not a monolithic renter group, but rather have varying needs from early retirement to skilled care services. Small property operators will have to prepare for this generational demand as more seniors are choosing to rent.
It is no secret that the U.S. population is aging. From 2010 to 2015, the US population grew 3.9%, but the population of those over 60 grew 16.7%.
Seniors are an increasingly important multifamily renter cohort, especially for smaller properties. Some retirees are choosing to downsize and rent for lifestyle reasons. Other seniors are working — and renting — longer.
Our previous look at the demographics driving apartment demand focused primarily on younger renters — let’s now look at the other end of the age spectrum.