Articles

Lifestyle Renters Put a New Spin on The American Dream

Four in 10 renters in large multifamily apartment communities do not envision homeownership as a part of their American Dream, a survey by Entrata recently found. Instead, lifestyle renters opt for newly constructed, high-quality rental housing with many of the typical amenities of homeownership without its traditional downsides.

Articles

Multifamily Households Set Yet Another Record

Multifamily households reached a new high for the third consecutive year in 2023, extending a growth spurt that began after the 2008 housing crisis. With strong tailwinds at its back, multifamily’s latest record may not stand for very long.

Analysis

Arbor’s Top Articles of 2024: Multifamily Investment Opportunities Emerge

The U.S. multifamily market held steady in a more normalized cycle during 2024, following the pandemic-related economic contraction and its rapid recovery. Rental demand remained strong, driven by the ongoing nationwide housing shortage and robust wage growth, as younger generations continued to embrace lifestyle renting.

Articles

Government Shutdown: What Multifamily Borrowers Need to Know

Unless an 11th-hour agreement is reached, an impasse will trigger the first U.S. government shutdown since 2019. Starting December 21, 2024, many non-essential federal government operations will be limited or suspended, but most multifamily financing activities will not be disrupted.

Current Reports

Single-Family Rental Investment Trends Report Q4 2024

With home prices nearing all-time highs, single-family rental (SFR) housing is uniquely positioned to capture an even larger slice of the for-sale market. As structured capital markets rebound, SFR will benefit from a set of tailwinds that include robust levels of new construction and favorable trends in cap rates and debt yields. Arbor’s Single-Family Rental Investment Trends Report, developed in partnership with Chandan Economics, shows why this sector’s prospects are so strong.

Articles

Arbor Sponsors LGBTQIA+ Career Growth Events

Building on an organizational commitment to the inclusion of individuals from all backgrounds, Arbor — in partnership with the Real Estate Pride Council and Dr. Sam Chandan, Founder of Chandan Economics, Founding Director, NYU Stern School of Business C.H. Chen Institute for Global Real Estate Finance, and Co-Chair of the Real Estate Pride Council — hosted a speed networking event in Manhattan on November 20 for local LGBTQIA+ students and commercial real estate mentors.

General: 800.ARBOR.10

George J. Tsunis

Director
Headshot of George J. Tsunis, Director

Mr. George J. Tsunis is the Founder, Chairman and Chief Executive Officer of Chartwell Hotels as well as an attorney, developer, philanthropist and public policy advisor with a strong interest at the intersection of economic and foreign affairs.

Prior to founding Chartwell, Mr. Tsunis was a partner at the law firm of Rivkin Radler LLP, Long Island, NY’s largest law firm representing both private clients and municipalities in the practice areas of land use and zoning, real estate corporate law, municipal law and commercial litigation. Mr. Tsunis’ public service includes time as a Legislative Attorney at the New York City Council, Special Counsel to the Town of Huntington (NY) Environmental Open Space Committee and Counsel to the Dix Hills (NY) Water District.

Mr. Tsunis served as an advisor to the United States Senate Committee on Banking, Housing, and Urban Affairs, where he furthered the Committee’s legislative role of overseeing a diverse group of issues, including but not limited to, banking, insurance, financial markets, securities, housing, urban development and mass transit, international trade and finance, and economic policy.

Mr. Tsunis currently serves as Chairman of The Battery Park City Authority. The Battery Park City Authority is the state public benefit corporation that oversees Battery Park City, the 92-acre planned development on Manhattan’s lower west side. He was appointed to the board of The Battery Park City Authority by Governor Cuomo.

Mr. Tsunis is Director of the New York Convention Center’s (Jacob Javits Center) Operating Committee and Director of the New York Convention Center’s Development Committee.

Mr. Tsunis chairs the Nassau Health Care Corp., or NuHealth, the health system that operates Nassau University Medical Center, A. Holly Patterson Nursing Facility, NUMC Primary Care Clinic and co-operates six Long Island Federally Qualified Health Clinics located throughout Nassau County. It is the largest public hospital in Nassau County with a distinguished Burn Center.

Mr. Tsunis was a member of the Brookings Institution’s Foreign Policy Leadership Committee and its Metropolitan Studies Leadership Council as well as a member of the Business Executives for National Security’s Board of Trustees. He has also previously served on the Board of Trustees at Dowling College, the American Red Cross Suffolk County Chapter, the Huntington (NY) Chamber of Commerce/Committee on Good Government, the Education and Assistance Corporation and the Private Industry Council of Suffolk.

Mr. Tsunis received his Bachelor of Arts degree from New York University and his Juris Doctor from St. John’s University’s School of Law. He is married to his wife, Olga, and they live in Matinecock, NY, with their three children.

 

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