Unless an 11th-hour agreement is reached, a political impasse over budget legislation for the next fiscal year will trigger a federal government shutdown. Starting October 1, 2025, many non-essential federal government operations could potentially be limited or suspended, but most multifamily financing activities will not be disrupted.

Occupancy and Retention Rebound and SFR Sector Matures
Arbor’s Single-Family Rental Investment Trends Report Q3 2025 documents the increasing strength and resiliency of the sector as it transitions to stable growth after a long period of rapid expansion. Rent growth remained positive last quarter, pushing up property-level yields as robust build-to-rent (BTR) construction activity continued to boost supply to a marketplace in need of quality rental housing.
Key Findings:
- Cap rates moved higher as rents grew faster than home prices.
- Operational metrics strengthened as tenant retention and occupancy rates improved.
- SFR delinquency rates continued to move lower and have outperformed trends within the single-family housing market.