Small multifamily prices continued to press higher at a double-digit annual rate in the second quarter of 2022 and cap rates sank to new all-time lows.
In this video, Chandan Economics Founder Sam Chandan discusses the key findings of our Summer 2022 Special Report, written with Arbor’s Chairman and CEO Ivan Kaufman.
On balance, the specter of potential market-limiting legislation cannot be ignored. At the same time, the sector is well-positioned to see continued growth in the second half of 2022.
The onset of the pandemic kicked off a widescale work-from-home (WFH) experiment that left the labor market structurally altered, creating significant downstream impacts on residential markets. In this brief, we will use data from the U.S. Census Bureau’s Current Population Survey to uncover which metropolitan areas have the highest share of workers that work-from-home (WFH) due to the pandemic.
The U.S. multifamily market posted a historic showing in the second quarter of 2022. Rent and price growth remained at all-time highs, while vacancy and cap rates improved to the lowest levels since the onset of the pandemic. Among the nation’s top markets, the Sunbelt region continued to shine.
This summer, five members of Arbor’s staff had the pleasure of participating in Project Destined, a real estate finance-focused internship program which gives minority college students the ability to develop technical, financial, and leadership skills.
The Federal Reserve’s latest Beige Book points to an increasingly robust rental housing market as its descriptions of homebuying turn bearish. The persistence of rental demand against continued inflationary pressures and higher interest rates follows a simple rationale — as housing costs rise, people still need a place to live.