Current Reports

Single-Family Rental Investment Trends Report Q1 2024

On the heels of a strong 2023, the single-family rental (SFR) sector is positioned to expand even more in 2024. Build-to-rent (BTR) starts ticked up in the third quarter to reach 7.8%, another record high. With occupancy rates stable and lease renewal rent growth above historical averages, SFR has healthy fundamentals that will continue to support growth amid headwinds, Arbor’s Single-Family Rental Investment Trends Report Q1 2024, developed in partnership with Chandan Economics, shows.

Analysis

U.S. Multifamily Market Snapshot — Q4 2023

The U.S. multifamily market continued to show signs of slowing at the end of 2023, although demand remained robust, with high home prices leading younger generations of higher-income households to choose renting over homeownership.

Uncategorized

Arbor Recognized as Top Lender by Fannie Mae, Freddie Mac, and FHA in 2023

Arbor’s platform of diverse multifamily financing solutions and our strong industry relationships drive us to the top of the multifamily lender rankings year after year. Through decades-long partnerships with Fannie Mae, Freddie Mac, and FHA, our best-in-class team delivered results for our borrowers in 2023, propelling Arbor to the top of the partner rankings.

Current Reports

Small Multifamily Investment Trends Report Q1 2024

Small multifamily starts the year from a position of strength with normalizing expense ratios and healthy occupancy rates. After demonstrating resiliency amid headwinds, this subsector is ready to capitalize on any positive momentum in the financial markets. Arbor’s Small Multifamily Investment Trends Report Q1 2024, developed in partnership with Chandan Economics, examines and explains the key developments every investor needs to know.

General: 800.ARBOR.10

Arbor 360º

Success Story: Large Single-Family
Build-to-Rent Development

A panoramic view of how Arbor grows financial partnerships through successful

product executions that deliver results for our clients

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$32.1M Single-Family Rental Build-to-Rent Loan

250

Units

TX

San Antonio

2020

Construction Completed

Situation

An experienced developer of luxury single-family rental (SFR) communities had begun construction on a 250-unit luxury build-to-rent (BTR) community in San Antonio, TX, poised to be the largest community of its kind in the metro. To continue construction velocity, the borrower was looking for ground-up construction financing to fund the development, with the goal of refinancing to a permanent agency loan once construction was completed and the property was stabilized. At the time, there were limited financing options in the SFR space. The borrower reached out to Arbor for assistance due to the strong relationship and previous successful projects together.

Arbor Action

Arbor leveraged its multifamily expertise to create a BTR financing product under its Single-Family Rental Portfolio platform – a product not offered by other major multifamily lenders. Arbor worked closely with the borrower to review the construction plan and timeline to confirm the project would be delivered on time and on budget. As part of the loan agreement, Arbor advanced a portion of the loan to fund construction. To draw additional funds, the borrower had to meet certain construction and pre-leasing milestones set by Arbor.

Result

Arbor executed a 24-month construction loan under its Single-Family Rental Portfolio Build-to-Rent program. The financing helped the borrower successfully complete the project and achieve full occupancy. The borrower is now operating and maintaining the property for steady rental income and plans to continue partnering with Arbor on its future SFR projects.