Articles

Dr. Sam Chandan’s Top Markets for Multifamily Investment Report Takeaways

In his latest Arbor Realty Trust video, Dr. Sam Chandan, a leading commercial real estate scholar, shares his insights into the findings of our latest Top Markets for Multifamily Investment Report, developed in partnership with Chandan Economics. The noted NYU professor outlines the market-level results of the Arbor-Chandan Opportunity Matrix, which spotlights multifamily markets that offer optimal value to commercial real estate investors.

Articles

Top Markets for Gen Z Household Formation Potential

Generation Z’s potential for household formation could soon reshape many U.S. metropolitan areas. From McAllen, TX, to Hartford, CT, explore the top multifamily markets where rental demand is set to rise as Gen Z leaves the nest.

Analysis

Indianapolis Multifamily Market Snapshot — June 2026

Indianapolis ranked as the top multifamily investment market in the U.S., in the latest Top Markets for Multifamily Investment Report from Arbor Realty Trust and @Chandan Economics. The market has been supported by strong labor market conditions, tight occupancy levels, and a favorable affordability profile.

Current Reports

Single-Family Rental Investment Trends Report Q2 2026

The latest Single-Family Rental Investment Trends Report from Arbor Realty Trust, developed in partnership with Chandan Economics, examines a commercial real estate sector that has proved to be both stable and resilient. Supported by strong occupancy, positive rent growth, and loosening capital markets, SFR remains firmly grounded on a path of steady growth.

Articles

Build-to-Rent Activity Stabilizes Above Historical Highs

As the single-family rental (SFR) sector has matured, build-to-rent (BTR) has become a key source of new supply. Purpose-built rental communities are absorbing demand from households seeking the space and privacy of single-family living without the financial or lifestyle commitments of homeownership. Newly released U.S. Census Bureau data show that while SFR/BTR construction continued to decline from its 2024 peak through year-end 2025, development activity remains elevated compared to historical norms.

General: 800.ARBOR.10

Hilary Burt Furnary

Senior Vice President, Structured Asset Management

Hilary Burt Furnary has direct oversight and reporting responsibility for one of Arbor’s structured multifamily loan portfolios. She assists with investor reporting, loan modification, workouts, and the loan securitization process.

Ms. Furnary joined Arbor in 2020 and has more than 20 years of experience in commercial real estate. Prior to Arbor, she led the strategic oversight of Castle Lanterra’s value-enhancement asset management across the firm’s portfolio. Earlier in her career, Ms. Furnary held dual concurrent roles at Shamrock Communities as Managing Director of Acquisitions and Asset Management and as the Chief Operating Officer of the vertically integrated property management company associated with Shamrock Communities. Previously, she was part of Avalon Bay’s New York City development group, underwriting new acquisitions and preparing financial analyses for current projects.

Ms. Furnary received a Bachelor of Arts in Art History from Princeton University and a Master of Business Administration in Real Estate from Columbia Business School.

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