In the last three years, multifamily construction has reached levels not seen since the 1980s, supported, in part, by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) loans. If you are exploring the acquisition, refinancing, rehabilitation, or new construction of conventional multifamily, affordable housing, seniors housing, or a healthcare facility, consider FHA multifamily construction loans, a stable financing option with excellent terms and many other attractive advantages.
COVID-19 Creates Immediate Challenges, Long-Term Opportunities
COVID-19 has hit the U.S. economy in full force. Yet leasing and investment brokers are still reporting a high demand for single-family rentals (SFRs).
Chandan Economics estimates occupancy rates on transacted SFRs increased to 98.5% in the first quarter of 2020. As a niche sector, SFRs benefit from particularly strong tenant retention. During difficult economic times, SFRs are likely to attract people who would otherwise choose to purchase their own homes. They also appeal to tenants wanting the flexibility of renting. The analysis concludes that with appropriate underwriting standards and financially secure households, SFRs should see a future surge in demand.
Download the full report, “Q1 2020 Single-Family Rental Investment Trends Report,” for the latest insights on:
- State of the Market
- Cap Rates & Prices
- Loan-to-Value Ratios
- Debt Yields
- Build to Rent
- Future Demand