Passed in the 11th hour of the 117th Congress, the $1.7 trillion federal spending package prioritizes the expansion of affordable housing in 2023 through increased funding for targeted programs.
Special Report: Spring 2023 The rental housing sector is well-insulated but not immune to market forces even as the economy edges into correction territory, Arbor Chairman and CEO Ivan Kaufman and Chandan Economics Founder Sam Chandan demonstrate in the findings of Arbor’s Special Report Spring 2023. Key Findings: The sustainability of consumer financing and Read the full article…
The rental housing sector is well-insulated but not immune to market forces even as the economy edges into correction territory, Arbor Chairman and CEO Ivan Kaufman and Chandan Economics Founder Sam Chandan demonstrate in the findings of Arbor’s Special Report Spring 2023.
Until recently, full-scale optimization has skipped over the basic monthly rental payment transaction, with 78% of more than 100 million renters using paper checks. But now, two programs, backed by global leaders in financial services, are incentivizing tenants to pay the rent on credit, with perks like automatic credit reporting and points towards future purchases.
Renters 30 years of age and under, who now make up slightly more than one-quarter of the heads of households of rental units, are bolstering housing demand in markets known for their affordability and livability.
UNIONDALE, NY, December 15, 2022 (GLOBE NEWSWIRE) – Arbor Realty Trust, Inc. (NYSE:ABR) (“Arbor,” “our,” or “we”) today announced the completion of an approximately $315 million loan securitization through Freddie Mac’s Q Series securitization program (the “Securitization”). Arbor’s affiliated entity Arbor Realty SR, Inc. originated the loans and was the loan seller for the Securitization. The Securitization is Arbor’s first Read the full article…
Multifamily investing involves the purchasing of properties with rentable housing units. In these types of investments, a group of investors often works together to mitigate costs, split profit shares, and reduce risk. Multifamily properties include apartment complexes, condo buildings, and townhouses, among other property types. When investing in multifamily properties is researched and undertaken prudently, it can generate steady and reliable income streams in all economic cycles.
After taking a pause during the peak of the COVID-19 pandemic, the U.S. multifamily market experienced a banner year in 2022. Throughout the year, Arbor continued to provide unique research and insights into our markets. Here’s a look at our top Arbor research articles from 2022, in case you missed them.
Arbor’s mezzanine and preferred equity financing products provide owners with greater proceeds than are available through conventional financing.
• Easily combines with other ARBOR loans for an efficient one-stop shop experience
• Arbor’s long-standing track record and industry experience allow us to act quickly and creatively
• Certainty of execution
$8M
Generally, 1 to 3 years
Interest only or fixed principal pay downs
1.10 through the mezzanine debt service
Up to 90%
Floating rate over CME SOFR index or Fixed; rates vary based on risk profile, business plan, sponsorship, and other terms
Well-located existing multifamily and new multifamily construction located in strong markets with positive demographic, population, and employment trends
Single-asset entity
Established track record with appropriate net worth and liquidity commensurate with transaction
Pledge of ownership interests secured by UCC or preferred equity position. Additional credit enhancement (recourse, other collateral, letter of credit or other guarantees) to be determined
Appraisal, Property Condition Assessment, Phase I Environmental
Generally permitted
Origination and exit fees to be determined
V060122
$8 M minimum
Generally 1 to 3 years
Interest only or fixed principal pay downs
1.10
90%
Floating rate over CME SOFR index. Spread varies based on risk and terms
Well located existing multifamily and new multifamily construction located in strong markets with positive demographic, population and employment trends
Single asset entity
Good overall credit with sufficient liquidity and demonstrated experience completing similar transactions
Preferred equity position in the borrower’s organizational structure; additional credit enhancement (recourse, other collateral, letter of credit or other guarantees) to be determined
Appraisal, Property Condition Assessment, Phase I Environmental
Generally permitted
Origination and exit fees to be determined
V060122