Articles

Small Multifamily Lending Volume Moves Steadily Higher

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.

Current Reports

Small Multifamily Investment Trends Report Q3 2026

Arbor Realty Trust’s latest Small Multifamily Investment Trends Report, developed in partnership with Chandan Economics, evaluates what’s driving this sector’s ongoing stability as macroeconomic conditions remain mixed. Loan originations rose last quarter, and valuations are rebounding, signaling that normalization is taking hold.

Articles

SFR Rent Growth Accelerated and Expanded in First Half of 2026

Single-family rental (SFR) conditions strengthened during the first half of 2026, with rents rising across all 50 of the nation’s largest metros between December 2025 and June 2026. Growth was broad-based but uneven, with many Northeast and Midwest markets outperforming major Sun Belt metros.

Articles

Multifamily Completions Shift to Larger, Lower-Rise Properties

This year’s data show that while multifamily completions moderated from 2024’s elevated pace, the sector’s shift toward larger properties continued. At the same time, larger has not necessarily meant taller, as lower-rise buildings continue to account for most new multifamily completions.

Articles

Dr. Sam Chandan’s Top Markets for Multifamily Investment Report Takeaways

In his latest Arbor Realty Trust video, Dr. Sam Chandan, a leading commercial real estate scholar, shares his insights into the findings of our latest Top Markets for Multifamily Investment Report, developed in partnership with Chandan Economics. The noted NYU professor outlines the market-level results of the Arbor-Chandan Opportunity Matrix, which spotlights multifamily markets that offer optimal value to commercial real estate investors.

Articles

Top Markets for Gen Z Household Formation Potential

Generation Z’s potential for household formation could soon reshape many U.S. metropolitan areas. From McAllen, TX, to Hartford, CT, explore the top multifamily markets where rental demand is set to rise as Gen Z leaves the nest.

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Research Reports

Special Reports

from Arbor & Chandan Economics

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A biannual economic analysis and accompanying commentary from Arbor’s Chairman and CEO Ivan Kaufman and Chandan Economics Founder Sam Chandan. This special series provides unparalleled insight into the housing market from two of the industry’s foremost thought leaders.

Special Report Archives

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After proving its resilience, the multifamily real estate sector is positioned to thrive in the next growth cycle. While uncertainties persist and risks remain, new federal policies and long-awaited interest rate relief have brought optimistic investors back to the table with a new sense of urgency.
After proving its resilience, the multifamily real estate sector is positioned to thrive in the next growth cycle. While uncertainties persist and risks remain, new federal policies and long-awaited interest rate relief have brought optimistic investors back to the table with a new sense of urgency.
After a year of steady growth, favorable trends put wind in the sector’s sails, giving rise to budding optimism. With the economic landscape shifting, the rental housing market’s resilient performance over the past two years provides a solid foundation for continued growth.
Even with the market in flux, opportunities continue emerging for well-positioned investors. Historically, some of the best multifamily deals were closed in down cycles or during the upswing to normalcy. Arbor’s Special Report Fall 2024 details why the current economic climate is ripe for investment.

Recalibrating Amid Uncertainty By Ivan Kaufman and Sam Chandan Key Findings Despite a slowdown in new investment, the macro economy has outperformed expectations in 2023, indicating a soft landing is more likely. A yield curve normalization could place additional upward pressure on long-term interest rates and cap rates into 2024.

Recalibrating Amid Uncertainty By Ivan Kaufman and Sam Chandan Key Findings Despite a slowdown in new investment, the macro economy has outperformed expectations in 2023, indicating a soft landing is more likely. A yield curve normalization could place additional upward pressure on long-term interest rates and cap rates into 2024.