The U.S. multifamily market continued to settle into a normalized cycle during the first quarter of 2025, despite ongoing uncertainties surrounding the global economy and labor market.
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.
Inspired to advance Arbor’s more than 30-year legacy of tree plantings, our Long Island and Buffalo teams recently planted saplings, adding to the over 20,400 trees planted and pledged throughout our company’s history.
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.
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.
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.
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.
Arbor’s data-driven articles and research reports empower multifamily and single-family rental investors and developers to make more profitable financial decisions.
Arbor’s nationwide experience and expertise allow us to customize multifamily financing wherever your portfolio takes you.
New York,
NY
Freddie Mac SBL
|
$1-5M
San Antonio,
TX
Freddie Mac SBL
|
$1-5M
Algonac,
MI
Freddie Mac SBL
|
$1-5M
Tucker,
GA
Freddie Mac SBL
|
$1-5M
Perrryville,
MD
|
$5-10M
Winchester,
VA
Fannie Mae Green Financing
|
$5-10M
Durham,
NC
Fannie Mae Green Financing
|
$5-10M
Conover,
NC
Fannie Mae Standard DUS
|
$5-10M
St. Louis,
MO
|
$10M+
Kirkwood,
MO
|
$10M+
Cincinnati,
OH
Fannie Mae Standard DUS
|
$1-5M
Charlotte,
NC
Fannie Mae Green Financing
|
$1-5M
Charlotte,
NC
Fannie Mae Green Financing
|
$1-5M
Goose Creek,
SC
Fannie Mae Standard DUS
|
$5-10M
Atlanta,
GA
Fannie Mae Standard DUS
|
$10M+
