What Is Driving Lifestyle Renter Demand?

Lifestyle renters — those who have the means to own but prefer to rent or are willing to pay more for apartments with amenities — have become a key driver of rental demand in single-family rental homes, build-to-rent communities, and other types of high-quality multifamily housing. With this small yet influential demographic growing, our research teams examine and explain the factors driving lifestyle renter demand.


Build-to-Rent Well-Positioned to Fill Housing Market Gap

With nearly one-fifth of multifamily properties now over 65 years old, it’s time to consider solutions for rejuvenating the rental housing stock in the U.S. While building rehabs are a tried-and-true solution, build-to-rent (BTR) is an alternative that is well-positioned to expand as Americans increasingly favor renting over homeownership.


U.S. Added 514,000 New Rental Households in 2023

In a year when inflation and elevated interest rates weakened affordability, the rental housing sector strengthened and expanded. An analysis of newly released U.S. Census Bureau Housing Vacancies and Homeownership data shows the number of rental households climbed in 2023.

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Build-to-Rent Construction Starts Surge to New High in 2023

Over the last decade, single-family rental (SFR) operators have been increasingly focusing on build-to-rent (BTR) development as the needs and preferences of renters have shifted. As explored in the latest Arbor Single-Family Rental Investment Trends Report, SFR/BTR development has surged at a time when new, for-sale, single-family home starts have declined.

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Robert Mendeles

Vice President, Sales
Headshot of Rob Mendeles

Robert Mendeles joined Arbor in 2011 and is responsible for originating Fannie Mae, Freddie Mac, FHA, SFR Portfolios, CMBS, Bridge, Mezzanine and Preferred Equity transactions nationwide. Mr. Mendeles is a commercial real estate finance industry expert with more than 25 years of experience in the business.

Prior to joining Arbor, Mr. Mendeles was a Senior Originator at Greystone. Before joining Greystone, he served as a Senior Vice President at Longview Financial Group, where he sourced ABL and PIPE transactions for middle-market companies while also developing relationships with private equity and hedge funds. Earlier in Mr. Mendeles’ career, he held positions with Comvest Capital, Boone Opportunity Lenders, Laurus Capital Management, Trenwith Group, LLC and CIBC. He also worked for UBS as the Director of its Leveraged Finance Group.

Mr. Mendeles graduated from Fordham University in New York with a Master of Business Administration in Finance. He received a Bachelor of Arts in Economics and Political Science from the City University of New York-Queens College.

[email protected] | 201.338.5122
Englewood Cliffs, NJ

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