Understanding the Impact of Wildfires on Rental Property Insurance

From California to Maui, the frequency and scope of wildfire events are rising, causing insurance markets and public agencies to reevaluate property in areas at risk for catastrophic damage. As a result, rental housing providers are seeing greater limitations to coverage, higher premium prices, and, in some cases, a total absence of viable private insurance — a trend detailed in the NMHC 2023 State of Multifamily Risk Survey and Report. This troubling new trend has placed many rental housing operators in a bind where they must simultaneously contend with the declining availability and affordability of insurance options.


Five Advantages of FHA Multifamily Construction Loans

In the last three years, multifamily construction has reached levels not seen since the 1980s, supported, in part, by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) loans. If you are exploring the acquisition, refinancing, rehabilitation, or new construction of conventional multifamily, affordable housing, seniors housing, or a healthcare facility, consider FHA multifamily construction loans, a stable financing option with excellent terms and many other attractive advantages.


Where are Single-Family Rental (SFR) Rents Rising the Fastest?

While the single-family rental (SFR) sector’s rent growth averages have retreated from record highs, structural tailwinds are keeping price growth positive — both nationally and in major SFR markets. In this research brief, Chandan Economics and Arbor Realty Trust analyze DBRS Morningstar data, which covers the top 20 MSAs by SFR activity, to discover the metropolitan areas where SFR rent growth is the hottest right now.


Fannie Mae Small Loans Cap Raised to $9 Million

Fannie Mae recently announced that its Small Loan cap has increased from $6 million to $9 million for all loans committed as of August 22, 2023. Multifamily borrowers and lenders have praised the change to the Fannie Mae Small Loans program, which will encourage greater investment in a rapidly growing sector where demand remains high despite market volatility.


The Top Five Emerging Metros for Retiree Relocation

As Baby Boomers reach retirement age, their evolving geographic preferences are strengthening housing markets and local economies in new locations, which feature attractive climates, relative affordability, and ample outdoor activities. With swelling populations of senior citizens, our top five emerging metropolitan areas for retiree relocation are fertile ground for multifamily real estate investment.

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CORE Pacific Advisors Enters Denver Market With $150M Buy

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Arbor Realty Trust originated a $74.6 million Freddie Mac loan for the acquisition.

CORE Pacific Advisors has acquired a 394-unit multifamily community in Westminster, Colo., marking the company’s first foray in the Denver area. Walker & Dunlop brokered the $150 million transaction on behalf of the seller, McWhinney. According to Yardi Matrix data, the acquisition of Arbour Commons was financed through a $74.6 million Freddie Mac loan originated by Arbor Realty Trust, one of the fastest-growing multifamily mortgage banking and brokerage firms of this year.

Built in 2014, the garden-style community encompasses 19 buildings with studios, one-, two- and three-bedroom units ranging between 552 and 1,252 square feet, the same data provider shows. Common-area amenities consist of a clubhouse, spa, playground, volleyball court, fitness center and swimming pool. Arbour Commons also has enclosed and detached garages, outside storage, as well as patios or balconies in select units.

Situated at 663 W. 148th Ave., the community is near interstate 25 and Northwest Parkway, which provide direct access to major employment centers such as Denver International Airport or downtown Denver. The Class A property is surrounded by many dining options, retail spaces and entertainment venues. Large green areas and sports fields, such as Carolyn Holmberg Preserve at Rock Creek, are nearby. St. Anthony North Hospital is only 1 mile away from the community.