Small multifamily lending activity rose during the first half of 2026. According to the latest Small Multifamily Investment Trends Report from Arbor Realty Trust and Chandan Economics, originations on loans with original balances between $1 million and $9 million reached an annualized pace of $71.6 billion through the second quarter. At this pace, originations are running 2.8% above the $69.6 billion total for 2025, placing small multifamily on pace for a third consecutive annual increase.

Build-to-Rent Strategies Gain Momentum as Long-Term Outlook Firms
The market for single-family rentals (SFRs) in the United States has seen transformational change in recent years, and momentum in 2019 appears to be full-steam ahead.
Demand growth has outpaced the ability of the sector to convert existing residential supply. To address this, home builders and SFR operators are doubling down their bets on the sector and turning to build-to-rent strategies.
For exclusive insights on the SFR sector, download Arbor Chatter’s “Q2 2019 Single-Family Rental Investment Trends Report.”
Explore key SFR highlights, including:
- Occupancy Trends
- Cap Rates
- LTVs & Debt Yields
- Build to Rent Construction