The small multifamily market has experienced rapid change over the course of this cycle due to improved access to capital, favorable demand and a dramatic step-up in operating efficiency. This new annual report takes a closer look at the sector’s performance by breaking out the top-50 U.S. metros into three tiers and analyzing the markets in terms of origination volume, cap rates, debt yields and more.
Multifamily properties made up 75% of New York City’s rental market. Large multifamily was concentrated in Manhattan, while small multifamily was more evenly distributed among the five boroughs.
The National Investment Center for Senior Housing & Care (NIC) provides data showing recent trends in independent living and assisted living.
Single-family rental residents have enjoyed a rise in national rental affordability during this cycle, with rents as a share of household income declining.
ULI and PwC’s Emerging Trends in Real Estate 2020® report reveals the top markets and trends to watch according to top industry players.
Arbor Realty Trust has created the Arbor Small Multifamily Price Index (ASMPI), in partnership with Chandan Economics, to provide new and important data on the small multifamily market that can help shed light on potential investment opportunities in the sector.
While many consider “seniors housing” as independent and assisted living, active adult communities are gaining interest among developers and investors.
A key segment of the seniors housing market – middle-income seniors – is finding it increasingly difficult to secure affordable housing. Panelists at the recent 2019 NIC Fall Conference discussed strategies to better service this segment.
Making an apartment community more energy efficient can boost NOI by reducing operating expenses. While gas and electric power the majority of America’s housing stock, the use of solar thermal heating has increased by 19% from 2010 to 2015.
While Gateway markets like New York and San Francisco still dominate, the STEAM job market (think STEM plus arts) is increasingly moving to Secondary markets.
The U.S. multifamily market continued to post positive results during Q1 2017. Rent growth remained strong, while vacancy remained low and demand kept pace with high levels of new supply. Investment activity was slow to start the year, although prices continued to increase.
Let’s examine the relationship between small asset apartment asking rents and household income across the nation.
Evaluating household income by renter segments helps apartment investors better position and price their units. In the case of small properties, married couples and individuals sharing rental units have significantly higher incomes.
Growth trends for small asset renters in highly skilled occupations are encouraging. These findings align with projected job growth forecasts into the middle of the next decade.