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Build-to-Rent Construction Continues Its Record-Breaking Ascent

Increasingly, single-family rental (SFR) operators have been relying on build-to-rent (BTR) development to bridge the housing gap, accelerating the momentum of SFR construction through 2024’s halfway point. Both total SFR/BTR housing starts and BTR’s share of all single-family housing starts reached new record highs in the second quarter, setting the stage for another banner year.

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Small Multifamily Investment Trends Report Q3 2024

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Top Markets for Multifamily Permitting in 2024’s First Half

While the overall pace of new multifamily permitting per capita in the U.S. slowed recently, it has picked up momentum in pockets of the country, especially the Midwest. In the first two quarters of 2024, Madison, WI, Columbus, OH, and Omaha, NE, were among the major metropolitan markets posting solid permitting gains, another sign of multifamily’s strength in all cycles.

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Top U.S. Multifamily Rent Growth Markets — Q2 2024

The U.S. multifamily market followed the quick pandemic contraction with a strong recovery, and has now normalized into a more stable cycle. Demand remained strong across the country, with a wide variety of markets among the leaders for rent growth.

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Affordable Housing Supports Positive Physical and Mental Health

Did you know that more U.S. renters now spend over 30% of their income on housing and utilities than at any other time on record? Limited affordable housing options not only increase the rent burdens of low-income tenants but disrupt physical and mental health, underscoring the need for the creation and preservation of more affordable housing units nationwide. Quality affordable housing adds stability to communities and supports healthier environments that can significantly improve well-being.

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U.S. Multifamily Market Snapshot — August 2024

After skyrocketing through a boom cycle over the past two years, the U.S. multifamily market settled into a cycle of stabilization in the first half of 2024. Rents held steady, occupancy increased, and vacancy rates remained in line with historical averages, while investor sentiment remained positive.

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Annual SFR CMBS Issuance On Pace to Triple in 2024

Single-family rental (SFR) CMBS issuance saw a sizeable pickup through the first half of 2024, with $4.2 billion in new issuance, placing it on pace to at least triple last year’s annual total.

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Arbor’s Build-to-Rent Financing: 10 Reasons to Choose a Premier Lender

Build-to-rent (BTR), a compelling solution to the U.S. housing market’s evolving needs, is experiencing record growth. BTR accounted for 8% of all single-family rental (SFR) construction starts in the 12 months that ended in the first quarter of 2024, according to Arbor’s Single-Family Rental Investment Trends Report Q2 2024. As the need for quality rental units remains high, borrowers have much to gain from partnering with an experienced lender who specializes in build-to-rent financing.

General: 800.ARBOR.10

Home | In the News | Ivan Kaufman Reveals Why Arbor Is a Top-Performing REIT on NYSE Floor Talk

Ivan Kaufman Reveals Why Arbor Is a Top-Performing REIT on NYSE Floor Talk

Thursday, April 29, 2021
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Arbor Realty Trust’s CEO discusses what sets Arbor apart and how it has thrived amid the pandemic

Most commercial mortgage REITs focus on one product line, but Arbor’s diverse platform has allowed it to stand out from the competition, noted Ivan Kaufman, the founder, chairman and CEO of Arbor Realty Trust, Inc. (NYSE: ABR), in an interview with NYSE Floor Talk’s Judy Shaw.

“In every single climate, we’re very active with different products depending where interest rates are, depending where market demand is, and depending on where the consumer preferences are. So we’re not just relying on one product and we have multiple income streams,” he said.

One business Arbor is particularly active in is single-family build-to-rent. Kaufman used his decades of experience in the single-family residential industry to successfully lead Arbor into the single-family rental (SFR) business and develop its own proprietary Single-Family Rental Portfolio platform in late 2019. Arbor was also one of the first lenders to enter the space and the business has grown significantly over the past few years.

Build-to-rent is a segment of the SFR market that has taken off due to the pandemic and millennials moving to the suburbs as they mature and start families.

“If people can’t afford to buy or home or it doesn’t fit their economic profile, they rent a home. Renting a home has become a very high in demand experience,” he noted.

Developers are capitalizing on this mounting demand for rental homes. They are buying land and building communities with homes specifically for rent, while offering amenities often found in apartment complexes. Kaufman noted that because of the efficiencies that have evolved over the last few years, builders are finding they can develop these communities at a similar cost to a multifamily property.

As build-to-rent gains attention, institutional investors are beginning to enter the space. Builders are seeing the benefits of selling a portion of their single-family communities to larger investors who will turn around and rent out those units, Kaufman explained.

Build-to-rent is “a great asset class to be in and I’m glad Arbor Realty Trust is front and center in that market,” he said. “It’s dominating our platform.”

For more insights, watch the full interview above.

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