Q1 2019 marked the 37th consecutive quarter of rent growth for the U.S. multifamily market. Vacancy remained at historic lows, amid high levels of development activity. At the same time, cap rates continued to decline. Here’s a quick look at the U.S. multifamily market finance and investment benchmarks for Q1 2019.
While significant income differences remain between owner and renter households, growth in income is the fastest among apartment renters. This bodes well for short-term multifamily operating fundamentals.
Adjusted estimates of 2018 lending volume of small balance loans jumped to $53.1 billion, the highest level of activity in Chandan Economics’ post-financial crisis estimates. Initial readings for the first quarter of 2019 totaled an annualized $48.7 billion. Here’s a quick look at the small balance multifamily finance and investment benchmarks for Q1 2019.
The top metros attracting Millennial renters from other states are typically medium-sized with relatively fast-growing economies.
Whether a period of economic weakness is years away or just around the corner, the small balance multifamily sector is projected to remain healthy in 2019. Read our Q1 2019 Small Balance Multifamily Investment Trends Report for insights on the market.
Those considering investment in the residential arena of commercial real estate, should consider single-family rentals (SFRs). Here are some reasons why.
While higher shares of young adults move into apartment buildings annually, moving rates for this age group are in decline, keeping with the broader national trend.
Arbor’s nationwide experience and expertise allow us to customize multifamily financing wherever your portfolio takes you.
Waco,
TX
Fannie Mae DUS
|
$5-10M
Dunedin,
FL
Fannie Mae DUS
|
$10M+
High Point,
NC
Fannie Mae DUS
|
$5-10M
Pittsburgh,
PA
Fannie Mae DUS
|
$10M+
Dallas,
TX
Freddie Mac SBL
|
$5-10M
Cabot,
AR
Freddie Mac SBL
|
$1-5M
Irving,
TX
Fannie Mae DUS
|
$1-5M
North Chili,
NY
Fannie Mae DUS
|
$10M+
York,
PA
Fannie Mae DUS
|
$10M+
