Demand stability and growing liquidity for small multifamily assets are broadly supportive of the sector heading into 2022. Here’s a look at Q4 2021 small multifamily investment benchmarks.

Multifamily rent growth for the U.S. overall was up 12.5% during 2021, the largest annual gain since REIS began tracking data in 1980. As was the case throughout the year, Florida markets were found up and down the list of top rent growth markets.

Despite a slow start to 2021, the U.S. multifamily market posted a record-breaking year. Rent growth was the highest since REIS began tracking data in 1980, as vacancy rates continued their downward trend. Investment sales also shattered previous records, while cap rates remained near historic lows and below those of other major property types.

As the U.S. commercial real estate market continued its recovery from the COVID-19 pandemic-related recession in 2021, the multifamily and single-family rental sectors proved their resilience. Throughout the year we continued to provide unique research and insights into these markets. Here’s a look at our top Arbor Chatter posts from 2021, in case you missed them.

Panelists during eCore21 noted their surprise at multifamily’s quick recovery from the pandemic, with surging rent growth and robust demand in many markets. Here are five key takeaways from the event.

After struggling through the first half of the year, the U.S. multifamily market burst through in the third quarter of 2021. Moody’s Analytics REIS reported that effective rent growth climbed 7.9% year-over-year, up from -1.6% for the second quarter. The vacancy rate improved to 4.7%, down from 5.3% in the previous quarter.