Ivan Kaufman, Chairman, President & CEO of Arbor Realty Trust Inc., sits down with Steve Johnson, Vice President of the Small Loan Business at Freddie Mac, and Sam Chandan, Silverstein Chair at the NYU SPS Schack Institute of Real Estate to discuss how the needs of the small balance multifamily borrower differ from larger institutional investors. Advertisements Continue reading Who is the Small Multifamily Borrower?
Ivan Kaufman, Chairman, President & CEO of Arbor Realty Trust Inc., sits down with Steve Johnson, Vice President of the Small Loan Business at Freddie Mac, and Sam Chandan, Silverstein Chair at the NYU SPS Schack Institute of Real Estate to discuss how new technology has enabled multifamily borrowers to secure financing for their investment and refinancing needs faster than ever before. Continue reading Technology Enables New Efficiency in Small Multifamily Lending
Small apartment assets — think 5 to 50 units, secured by $1MM to $7MM loans — play a critical role in U.S. housing. They are home to roughly one-third of all renters, and nearly 80 percent of lower-income renters. Based on a recent webinar from Arbor Realty Trust, Inc. and Freddie Mac, this presentation explores what you need to know to strategically grow your portfolio … Continue reading Leveraging Small Multifamily Loans in 2017: How to Growth Your Multifamily Investment Portfolio and Maximize Returns
The multifamily bridge loan space has become an increasingly popular lending sector as the current multifamily cycle has progressed. This is largely due to the rise of the value-add investment strategy. Strategic multifamily investors have benefitted greatly from the prevalence of older, mismanaged apartment inventory that’s suitable for physical improvements and operational overhauls. Nearly a quarter of 2014’s $42B transaction volume in the top six … Continue reading Bridge Market Grows More Liquid, Competitive
Multifamily Development Year-End 2016 | Arbor Year-end data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on new residential construction, including data for multifamily buildings (classified as structures with five or more units), showed that multifamily development continued its strong run during 2016. Multifamily Building Permits Authorizations of privately-owned residential housing units in the United States in buildings with five … Continue reading Multifamily Building Permits
As we enter the fall buying season, it’s useful to look at pricing in major multifamily markets through the first half of the year. Not only in the priciest markets, but also in markets that may represent higher yield opportunities. Using transaction data compiled by Real Capital Analytics, we calculated the average sale price in the top 50 markets in the U.S. — specifically, the weighted average … Continue reading A Look at the Most and Least Expensive Multifamily Investment Markets
Married households and families are well-represented in small property apartments. Reflecting that skew to larger households, smaller properties account for a relatively smaller share of single renters when compared to large buildings. How Many Single Renters in Small and Large Properties? https://docs.google.com/spreadsheets/d/1xprlKBpox0GqVOfRgqeMq-QPTPBkJWmC15Gi_fGGsxk/pubchart?oid=1951124936&format=interactive As shown in the chart above, about 45 percent of all units in small properties are rented by individuals living alone, split equally … Continue reading Not the Bachelor Pad: Age and Income Profiles of Single Renters in Small Apartment Properties
Rent concessions are making a comeback in some of the nation’s top apartment markets as new multifamily developments enter their lease-up phase. In slower markets, concessions are part of everyday life for property managers. This data-driven article explores the types of rent concessions, the pros and cons of the discounts, the relationship between concessions and other market fundamentals, and when you’ll have to offer concessions to remain competitive. What … Continue reading Rent Concessions: What Multifamily Investors Need to Know
Seniors are an increasingly important multifamily renter cohort, especially for smaller properties. Some retirees are choosing to downsize and rent for lifestyle reasons. Other seniors are working — and renting — longer. How Big is the Seniors Renter Market? Seniors — including people 65 years of age and over — are 14.5 percent of the population. Their share is growing as the Baby Boom generation … Continue reading Are America’s Seniors the Next Wave of Apartment Demand?