Analysis

U.S. Multifamily Market Snapshot — May 2025

The U.S. multifamily market continued to settle into a normalized cycle, despite ongoing uncertainties surrounding the global economy and labor market. There is a rising tide of optimism for the sector ahead and investors are continuing to take advantage of market opportunities.

Articles

Dr. Sam Chandan Dissects What’s Driving Top Market Growth

In a rapidly evolving economic environment, the top markets for multifamily investment tend to shift quickly. In this video, Dr. Sam Chandan, founding director of the C.H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business and founder of Chandan Economics, discusses the findings of Arbor’s Top Markets for Multifamily Investment Report Spring 2025, which was developed in partnership with Chandan Economics.

Articles

Top Markets for Rental Demand Growth

Population growth, a critical factor in assessing rental housing demand, increased 0.9% in the U.S. during 2024, the fastest annual rate since 2008. However, growth rates were much higher for many markets, especially those in Texas, Florida, and the Carolinas. As first explored in Arbor’s Top Markets for Multifamily Investment Report Spring 2025, we dive deeper into metro-level population growth in markets with at least 500,000 residents to find the nation’s top markets for rental housing demand growth.

Articles

Arbor Recognized for Excellence from Agency Partners

Arbor’s platform of diverse multifamily financing solutions, combined with our strong industry relationships and our commitment to accuracy and close collaboration with our government-sponsored enterprise (GSE) partners, drives us to the top of the multifamily lender rankings year after year. Through decades-long relationships with Fannie Mae, Freddie Mac, and FHA, our best-in-class team delivered results for our borrowers in 2024, propelling Arbor to the top of the partner rankings.

Articles

Renters See Apartments as ‘Forever Homes’

Today’s renters are in it for the long haul. The Federal Reserve Bank of New York’s recently released 2025 SCE Housing Survey shows that the average renter thinks there is a two-in-three chance they will rent for the foreseeable future. With home prices and interest rates unfavorable to would-be homebuyers, we explore renters’ perceptions and how they could impact future rental housing demand.

Current Reports

Top Markets for Multifamily Investment Report Spring 2025

Arbor’s Top Markets for Multifamily Investment Report Spring 2025, developed in partnership with Chandan Economics, is your roadmap to the best locations to deploy capital. Based on the findings of our exclusive Multifamily Opportunity Matrix, this in-depth analysis assesses economic strength and market capabilities to navigate evolving conditions of the top 50 largest U.S. metros.

Research

Arbor’s data-driven articles and research reports empower multifamily and single-family rental investors and developers to make more profitable financial decisions.

General: 800.ARBOR.10

William Foster

Managing Director, Tax and Strategic Planning

William Foster is responsible for all of Arbor’s corporate income tax matters, including tax structuring of transactions; management of effective tax rates; general tax planning; assistance with M&A structuring; and oversight for income tax compliance. This entails advising the Chairman and other executives within the Arbor family of legal entities on complex tax structures and strategic planning initiatives to enhance shareholder value.

Mr. Foster comes to Arbor with vast expertise in taxation and building shareholder value. Prior to joining Arbor, he was the Founder and Managing Partner of Foster & Foley LLP, a tax consulting practice advising high-net-worth individuals and multinational companies on diverse consulting strategies to minimize tax liabilities and increase shareholder value. Mr. Foster began his career at Ernst & Young LLP, a global professional services firm.

Mr. Foster received a Bachelor of Science in Accounting from Adelphi University and has been a practicing CPA for more than three decades. He is also an active member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of CPAs (NYSSCPAs).

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