Read our second-quarter 2020 report to learn why small multifamily provides sound investment opportunities, amidst COVID-19 challenges.

During the first half of 2020, the multifamily lending environment experienced a historically high level of refinance activity, although there was a steep decline in sales activity.

Prior to the onset of COVID-19, the Phoenix multifamily market stood on solid ground. The market had the highest rent growth in the nation, along with an active development pipeline and high investment activity. Although the Valley of the Sun is not immune to the economic effects of the recession that will be felt throughout the nation, the market is starting from a position of strength.

This economic report analyzes how much federal COVID-19 relief has assisted small multifamily renters and what investors should continue to watch.

Prior to the onset of COVID-19, the Phoenix multifamily market had the highest rent growth in the nation, along with an active development pipeline and high investment activity.

In this short audio brief, economist Sam Chandan analyzes today’s demand for SFRs, summarizing what recent data suggests about investments.