Small balance multifamily lending volume in the first half of 2019 totaled $58.5 billion on an annualized basis, representing a 7.9% gain from 2018’s total. Read our Q2 2019 Small Balance Multifamily Investment Trends Report for more insights on the sector.
Since 2005, the number of single-family rental (SFR) households had swelled by more than 36%. Over the same period, total U.S. households increased by 11%.
In Part 2 of this new video series from Arbor and Chandan Economics, we focus on the small balance multifamily market’s fundamentals and performance throughout this cycle.
With LIBOR set to expire at the end of 2021, multifamily lenders are preparing to transition to an adjustable-rate alternative. The Secured Overnight Financing Rate (SOFR) has been recommended by several industry players as the preferred alternative.
A big topic of conversation throughout this economic cycle has been if the multifamily sector is oversupplied. However, perhaps the more important question for investors should be about demand, noted Greg Willett, chief economist at RealPage, speaking on a panel at the 2019 MBA CREF Market Intelligence Symposium.
Women make up a slightly larger share of seniors co-living in apartments, while divorcees and those separated form the largest group of co-living seniors.
In this new video series from Arbor and Chandan Economics, Sam Chandan, founder of Chandan Economics and head of the NYU SPS Schack Institute of Real Estate, discusses the state of the U.S. economy, which is experiencing the longest expansion in history.
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
Despite uncertainty surrounding the election and slowing rent growth in some higher-priced markets, U.S. multifamily properties remained a favored asset class during Q4 2016.
Figures from the the latest Census update for year-end 2015 show stronger growth in the secondary and tertiary small asset apartment markets compared to the gateway markets.
Although smaller in share compared to the Millennials and Baby Boomers, Gen X renters are critical to apartment household formation. Relative to other age groups, more Gen X renters are likely to form households with higher incomes.
While the percentage of Americans moving in a one-year period has fallen to an all-time low, an increasing amount of renters are moving across state lines.
In the age when people camp outside for days to get their hands on the latest iPhone, it should come as no surprise that some renters are always willing to pay premiums to live in the newest apartment properties.
The latest numbers from the American Community Survey confirm the importance of millennials for rental demand.