Through first-quarter 2021, smaller metros experienced more cap rate compression for small multifamily properties than larger gateway markets. This trend reflects the migration patterns seen in most of 2020, as many households looked to move out of more urban areas.
FREDDIE MAC® Early Rate Lock (ERL)
The Q1 2021 Small Multifamily Investment Trends Report reveals small multifamily prices rose 2.3% quarter over quarter and 5.5% year over year as the sector begins to show signs of a return to normal. Read the full report for exclusive research and commentary.
Your first deal with Arbor as your lender is just the start as we strive to build upon your success, transaction after transaction, with a level of personalization, customization and local market knowledge rarely experienced in multifamily financing.
The unemployment rate fell to 6.0% in March 2021 as the U.S. labor market added back more than 900,000 jobs and small businesses led the recovery.
Memphis posted the highest multifamily rent growth in the U.S. during 2020, rising 3.8%. Vacancy rates were lower than the national average, as demand outpaced the addition of new supply. Investment activity remained high and cap rates fell to historical lows, as the local economy showed signs of recovery.
Arbor’s nationwide experience and expertise allow us to customize multifamily financing wherever your portfolio takes you.
Chicago,
IL
Freddie Mac SBL
|
$1-5M
Minneapolis,
MN
Freddie Mac SBL
|
$1-5M
Minneapolis,
MN
Freddie Mac SBL
|
$1-5M
Quincy,
MA
Freddie Mac SBL
|
$1-5M
Las Vegas,
NV
Freddie Mac SBL
|
$1-5M
Avon Park,
FL
Fannie Mae Small Loan
|
$1-5M
Memphis,
TN
FHA
|
$5-10M
Dallas,
TX
Fannie Mae DUS
|
$10M+
Irving,
TX
Fannie Mae DUS
|
$5-10M
Mesquite,
TX
Fannie Mae DUS
|
$10M+
Dallas,
TX
Fannie Mae DUS
|
$5-10M
Washington,
DC
Fannie Mae Near - STAB
|
$10M+
Hollywood,
FL
Bridge
|
$10M+
TX
Fannie Mae DUS
|
$10M+
New York,
NY
Bridge
|
$10M+
