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Top Workplaces 2024: Long Island’s Top 11 Mid-size Businesses
October 25, 2024
The Long Island Press and Dan’s Papers named Arbor one of its Top Long Island Workplaces for 2024
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As part of its focus on mission-driven lending, Fannie Mae recently introduced a new loan product designed to expand affordability and increase accessibility in communities across the country. The government-sponsored agency’s new Sponsor-Dedicated Workforce (SDW) Housing product provides financing for the creation and preservation of affordable workforce housing in underserved communities without the necessity of government subsidy.
As borrowing costs rose and rent growth slowed, multifamily developers pulled back the reins in 2023. Nationally, the number of multifamily building permits sank 20.3% last year, according to the latest data from the U.S. Census Bureau. However, there are many metropolitan markets where activity has not slowed. In this deep dive, our research teams show which metros led the nation in multifamily permitting activity in 2023.
Now as old as 26, Generation Z is on the cusp of reshaping the rental market as they leave the nest in increasing numbers. In fact, it is the only generation adding rental households, while the amount of millennial renters has already peaked. Gen Z, the first digital natives, is poised to become the most influential demographic in the multifamily rental market.
ESG at Arbor The history and culture of Arbor Realty Trust, Inc. provide a solid foundation for our ESG framework. Our origin is that of a small company with an entrepreneurial spirit and meaningful partnerships with those who align with our investing goals and strategy. While we have grown significantly over the last 25+ years, we have retained that core spirit, which has attracted and allowed us to retain a talented and diverse employee base and continuously reaffirm our commitment to several programs that support ESG, including affordable housing across the United States. It is indeed the relationships with our employees, counterparties, and clients that inform our business decisions as we move forward, and enable us to clearly see the path to our goals of contributing to sustainability, being profitable, and maximizing shareholder value. Arbor strives to maintain these fundamental constructs that have brought us great success while realizing those areas in which we can continue to grow and develop as an exemplary corporate citizen. Our dedication to corporate social responsibility and sustainability is clearly evidenced through some of our Read the full article…
Arbor is a leading large loan lender, offering unparalleled expertise, experience and service to our clients. Our customized products and track record ensure speed and certainty of execution, no matter the complexity of the deal.
The state of housing affordability in the U.S. has continued to erode as a growing wave of supply-driven policies offers hope of a solution on the horizon. A closer look at the nation’s overall housing needs underscores the increasing urgency of the situation.
Driven by investor confidence in multifamily housing’s long-term fundamentals, the volume of debt outstanding in the sector has grown by nearly 150% since the end of the Great Recession. As this piece will detail, where investment dollars have flowed, housing demand has followed. Through an analysis of newly released U.S. Census Bureau American Community Survey data, our research teams pinpoint the growing size and scope of the largest rental housing property type.
The Long Island Press and Dan’s Papers named Arbor one of its Top Long Island Workplaces for 2024
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