As the average household income level of a metro rises, we using see asking apartment rents grow alongside it. We rent levels fall out of alignment with the growth of household incomes, affordability issues begins to emerge. Moreover, the affordability issue continues to be exacerbated by discrepancies in supply and demand conditions. Let’s examine the relationship between small asset apartment asking rents and household income … Continue reading The Correlation Between Income and Multifamily Rents
Trending locations for multifamily developments, and the characteristics of candidates who are likely to rent, are analyzed throughout this week’s selection of industry news pieces. First, National Real Estate Investor covers multifamily in suburban submarkets, and how these suburban locations are accounting for most of the inventory’s growth. Next, Axiometrics explores how the apartment market is benefitting from the growing number of young adults who … Continue reading Weekly Roundup: December 15, 2017
The adoption of solar powered heating in multifamily is proving to have significant impacts on more than just the environment. In fact, implementing this “green” trend could lead to considerable financial benefits including increased NOI, reduced operating expenses and even discounted loan rates and state level incentives. Thought the perks of going solar are undeniable, it seems that the usage of it is somewhat limited … Continue reading Solar Heating Gains Momentum in South-West
Originally posted on Arbor Loan Express It’s clear that due to recession, the US saw an uptick in the trend of delayed retirement in seniors across the country. Working past the age of 65 no longer was an exception as seniors continued working into their late 60s and 70s. Since the financial crisis, this trend has created a growing demand segment for small apartment building owners. Most … Continue reading Working Seniors on the Rise: A Renter Segment to Watch
Arbor’s history goes back over 30 years to 1983 when Ivan Kaufman founded Arbor National Holdings, Inc. and its premier lending subsidiary, Arbor Mortgage, Inc. This video shows how Arbor has grown from a leading provider of residential mortgages in the New York-tristate region, to one of the largest commercial real estate lenders in the nation. Continue reading A Look Back at the History of Arbor Realty Trust
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 to discuss how the Freddie Mac Small Balance Loan program has grown and evolved to serve the needs of workforce housing and the small multifamily investor. Continue reading Ivan Kaufman & Steve Johnson — A Conversation on Small Multifamily Loans
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. Continue reading Who is the Small Multifamily Borrower?