Articles

Top Multifamily Markets for Low Renter Turnover

Tenant retention is a valuable — though sometimes elusive — contributing factor to the strength of a multifamily property. Nationally, 29% of multifamily households signed a third lease for the same unit, according to an analysis of the U.S. Census Bureau’s American Community Survey. Locally, renter turnover was lowest in major coastal markets, like New York City, and highest in transient renter markets, like Charleston, SC.

Current Reports

Small Multifamily Investment Trends Report Q2 2025

While markets undergo rapid recalibration, the small multifamily market’s performance remains strong and stable. Arbor’s Small Multifamily Investment Trends Report Q2 2025, developed in partnership with Chandan Economics, details how the sector’s resilient fundamentals effectively support its growth amid ongoing economic volatility.

Proprietary Preferred Equity behind Conventional Loans

FREDDIE MAC® Proprietary Preferred Equity behind Conventional Loans   Arbor now offers access to proprietary preferred equity behind all Freddie Mac Conventional loans we originate. With Arbor, you can simultaneously secure a senior loan and preferred equity under one roof, streamlining your experience throughout the lifecycle of your loan.

Analysis

Top U.S. Multifamily Rent Growth Markets — Q1 2025

The U.S. multifamily market continued to settle into a more normalized cycle during the first quarter of 2025, as well-positioned investors began to take advantage of new opportunities in an uncertain economic environment.

Analysis

U.S. Multifamily Market Snapshot — May 2025

The U.S. multifamily market continued to settle into a normalized cycle during the first quarter of 2025, despite ongoing uncertainties surrounding the global economy and labor market.

Articles

Dr. Sam Chandan Dissects What’s Driving Top Market Growth

In a rapidly evolving economic environment, the top markets for multifamily investment tend to shift quickly. In this video, Dr. Sam Chandan, founding director of the C.H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business and founder of Chandan Economics, discusses the findings of Arbor’s Top Markets for Multifamily Investment Report Spring 2025, which was developed in partnership with Chandan Economics.

Articles

Top Markets for Rental Demand Growth

Population growth, a critical factor in assessing rental housing demand, increased 0.9% in the U.S. during 2024, the fastest annual rate since 2008. However, growth rates were much higher for many markets, especially those in Texas, Florida, and the Carolinas. As first explored in Arbor’s Top Markets for Multifamily Investment Report Spring 2025, we dive deeper into metro-level population growth in markets with at least 500,000 residents to find the nation’s top markets for rental housing demand growth.

General: 800.ARBOR.10

Ivan Kaufman Discusses Arbor’s Strength and Diversification on The iREIT Podcast with Brad Thomas

The iREIT Podcast

Arbor Realty Trust’s CEO discusses diversified income streams, stock buybacks, and the state of regional bank CRE lending in this wide-ranging interview.

Arbor’s diverse business model differentiates it from other multifamily lenders, Founder, Chairman, and CEO, Ivan Kaufman told Brad Thomas, founder of Wide Moat Research, in an interview on the iREIT Podcast on June 16, 2023.

“We are actually more than a mortgage REIT,” said Kaufman, noting that Arbor has multiple income streams. “Not only are we a leading originator of loans that we hold in our portfolio like most mortgage REITs and create that spread, but we also have a variety of other businesses that work together that create multiple income streams and feed off of one another.”

Thomas pointed out that Kaufman’s belief in the strength of his company prompted him to initiate a stock buyback program this year.

“As everybody’s aware, there was this short report that was written on us … we knew fundamentally it was wrong, and we also knew fundamentally how solid we were as evidenced by the ability to increase our dividend by two cents and still have the lowest payout ratio in the industry.”

Kaufman saw an opportunity in Arbor’s undervalued stock price and had the liquidity and access to capital to purchase more shares.

“Our stock typically trades at an eight dividend,” he added. “An eight dividend is a $20, $21 stock price. So, we’re sitting at $10 and a quarter, and we’re like, ‘Okay, this is a no-brainer for a 50% return.’ When the market normalizes, that’s just incredible.”

Kaufman told Thomas that Arbor is well-positioned to increase its stature in the multifamily lending market following the failures of Silicon Valley Bank and Signature Bank in March.

“We used to have 10 regionals who would compete with us in that sector, [but today] we don’t have that competition. We’re a leader in that space, and we’re growing that book of business, and it’s a great book of business.”

Looking forward, Kaufman sees Arbor leading from a position of strength.

“I’m excited, and I’m excited because we lost the regional banks,” he said. “I lost a lot of competitors. We have a lot of liquidity, and the market’s going to be ours.”

Listen to the complete podcast.