Why Climate Resilience Is Key to Future Real Estate Stability
CoreLogic - April 15, 2024
“In 1980, there was an average of 8.5 peril events per year causing over $1 billion in losses. In the last five years, that figure has doubled. Since 2019, there have been an average of 20.4 peril events per year.”
“Expense growth varied by expense type and metro. By type it was led by property insurance (up 27.7% year-over-year), marketing (12.3%), administrative (9.6%) and repairs and maintenance (8.8%).”
“Younger generations of higher-income lifestyle renters will continue to drive demand, although the need for more significant investment in affordable housing and rental assistance is greater than ever.”
Chart of the Moment: Commercial Real Estate’s Surprising Rally
Brandywine Global - February 22, 2024
“Despite all the ‘doom and gloom’ news, commercial mortgage-backed securities (CMBS) rated BBB have outperformed Treasuries, corporate bonds, and other securitized credit sectors for the year to date through mid-February.”
Government Shutdown Deadline Looms
National Multifamily Housing Council - March 4, 2024
"As we know from years past, a government shutdown could severely and negatively impact the economy, as well as several different sectors with the apartment industry."
US Housing Supply Gap Grows in 2023; Growth Outpaces Permits in Fast-Growing Sunbelt Metros
Realtor.com - February 27, 2024
“US housing markets continue to struggle with a growing shortage of new homes, the result of more than a decade of under-building relative to population growth.”
U.S. Multifamily Market Snapshot — Q4 2023
Arbor - February 22, 2024
“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.”
U.S. Multifamily Market Snapshot — Q4 2023
Arbor - February 22, 2024
“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.”
Top U.S. Multifamily Rent Growth Markets — Q4 2023
Arbor - February 14, 2024
“In the previous two years, Sun Belt markets dominated the top rent growth lists, as pandemic-related re-shuffling settled. In 2023, the list of top markets became much more diverse.”
“The first quarter opens a new chapter for small multifamily real estate after a year where this subsector demonstrated its strength and resiliency amid stiff economic headwinds.”
Harvard Housing Study: State of the Rental Housing Industry
Arbor - February 9, 2024
“Younger generations of higher-income lifestyle renters will continue to drive demand, although the need for more significant investment in affordable housing and rental assistance is greater than ever.”
Top U.S. Multifamily Rent Growth Markets — Q4 2023
Arbor - February 14, 2024
“In the previous two years, Sun Belt markets dominated the top rent growth lists, as pandemic-related re-shuffling settled. In 2023, the list of top markets became much more diverse.”
Washington, DC, Readies Tax Abatement Program for Commercial-To-Residential Conversions
Smart Cities Dive - February 13, 2024
“The program provides a 20-year tax abatement as an incentive for property owners to convert all or part of their property to residential uses in the downtown area.”
A Prescription for Housing?
Vox - February 13, 2024
“For more than a decade, researchers and advocates have argued that housing is a fundamental part of health care. Beginning this fall, for the first time, federal Medicaid dollars will start going toward paying some people’s rent.”
Ivan Kaufman Discusses Arbor’s Strength and Diversification on The iREIT Podcast with Brad Thomas
Arbor - July 12, 2023
"Arbor Realty Trust’s CEO discusses diversified income streams, stock buybacks, and the state of regional bank CRE lending in this wide-ranging interview."
How Definitions Shape the Rural Housing Landscape
Harvard Joint Center for Housing Studies - February 7, 2024
"Making sense of these challenges can be difficult, in part because there is no standard definition of rural used in federal housing policymaking and no consensus definition used in housing research."
Harvard Housing Study: State of the Rental Housing Industry
Arbor - February 9, 2024
“Younger generations of higher-income lifestyle renters will continue to drive demand, although the need for more significant investment in affordable housing and rental assistance is greater than ever.”
Harvard Housing Study: State of the Rental Housing Industry
Arbor - February 9, 2024
“Younger generations of higher-income lifestyle renters will continue to drive demand, although the need for more significant investment in affordable housing and rental assistance is greater than ever.”
The Leading U.S. Markets for Multifamily Building Permitting in 2023 | Arbor - February 1, 2024
“There were many metropolitan markets across the country with strong local economies supporting multifamily growth — a trend that will assuredly continue in 2024.”
Commercial/Multifamily Borrowing and Lending Expected to Increase 29 Percent to $576 Billion in 2024
Mortgage Bankers Association - January 23, 2024
“Multifamily lending alone (which is included in the total figures) is expected to rise to $339 billion this year – a 25 percent increase from last year’s estimate of $271 billion.”
Fannie Mae Multifamily Closes 2023 With More than $52 Billion in Volume
Fannie Mae - January 25, 2024
“The strength of the DUS program, now in its 36th year, enabled us to support the multifamily industry and provide vital liquidity to essential housing sectors.”
America's Rental Housing 2024
Harvard Joint Center for Housing Studies - January 25, 2024
"Climbing rents in recent years propelled US cost burdens to staggering new heights: in 2022, half of all US renters were cost burdened. This all-time high of 22.4 million renter households spent more than 30 percent of their income on rent and utilities."