For more than 30 years, Arbor has been committed to growing financial partnerships that meaningfully impact communities nationwide. From planting trees to celebrate closed loans to supporting environmental organizations, our work has always been a win-win for our financial partners and the planet. But just as leaves change with each passing season, Arbor’s branding is evolving to seize the moment by embracing our environmental roots with our True Colors campaign. Get to Know Arbor’s True Colors Two Arbor Marketing colleagues, Katie Houst, VP, Art Director and Amanda Cervone, VP, Marketing Oper ..read more

From California wildfires to rising sea levels to Florida hurricanes, the direct and indirect risks of climate change have grown in recent years, making a more substantial impact on the multifamily sector. As the need for sustainability becomes increasingly apparent, lawmakers and lenders have advanced programs and policies that show “going green” is a win-win. New SEC Rule on Climate-Related Disclosures In March 2024, the U.S. Securities and Exchange Commission (SEC) adopted its highly anticipated new rules to enhance and standardize public companies’ climate-related disclosures. The SEC’s po ..read more

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In front of professionals and executives from more than 120 companies at the Real Estate Pride Roundtable in New York City in April, dozens of speakers shared honest perspectives on how far the commercial real estate industry has come on LGBTQ+ inclusion and how much more it has to go. The roundtable was the world’s largest gathering of LGBTQ+ real estate professionals, and the discussions at the Deutsche Bank Center featured executives from Deutsche Bank, Goldman Sachs, CBRE Investment Management, Mortgage Bankers Association, and dozens of other speakers from nearly every real estate and fin ..read more

Lifestyle renters — those who have the means to own but prefer to rent or are willing to pay more for apartments with amenities — have become a key driver of rental demand in single-family rental homes, build-to-rent communities, and other types of high-quality multifamily housing. With this small yet influential demographic growing, our research teams examine and explain the factors driving lifestyle renter demand. Market Dynamics The choice to rent or buy a home involves a variety of factors. Pricing trends shape perceptions of value and alter decision-making. For example, if home prices ris ..read more

While high benchmark interest rates have impacted all commercial property types, the single-family rental (SFR) sector continues to fare better than most, with home prices remaining resilient and delinquency rates holding at rock-bottom levels. SFR construction has been the sector’s greatest strength as affordable access to homeownership has decreased substantially over the last few years. According to data from the Atlanta Federal Reserve Bank, buying a home is about 37% less affordable today than it was at the onset of the pandemic. As a result, developers are leaning into build-to-rent (BTR ..read more

With nearly one-fifth of multifamily properties now over 65 years old, it’s time to consider solutions for rejuvenating the rental housing stock in the U.S. While building rehabs are a tried-and-true solution, build-to-rent (BTR) is an alternative that is well-positioned to expand as Americans increasingly favor renting over homeownership. Build-to-Rent Positioned to Grow BTR, which refers to a slice of the single-family rental (SFR) market where homes are built for rental purposes rather than acquisition, brings new quality apartment units online and, over time, can reduce the supply-demand i ..read more

In a year when inflation and elevated interest rates weakened affordability, the rental housing sector strengthened and expanded. An analysis of newly released U.S. Census Bureau Housing Vacancies and Homeownership data shows the number of rental households climbed in 2023. In this analysis, Chandan Economics will explore how rental sector growth compares to the overall housing market and analyze the economic conditions shaping real estate trends.    Rental Households Rise According to Census data, the number of renter-occupied housing units increased from 43.9 million in 2022 t ..read more

The first quarter opens a new chapter for the small multifamily market after a year where the subsector demonstrated strength and resiliency amid stiff economic headwinds. Despite elevated interest rates, small multifamily had a strong finish to 2023. However, the economic environment continues to be challenging. Lending standards remain tight, and market conditions suggest cap rates may rise further. Looking ahead, when the Federal Reserve begins lowering interest rates, small multifamily is likely to normalize soon afterward. Access key highlights in our latest Small Multifamily Investment T ..read more

Over the last decade, single-family rental (SFR) operators have been increasingly focusing on build-to-rent (BTR) development as the needs and preferences of renters have shifted. As explored in the latest Arbor Single-Family Rental Investment Trends Report, SFR/BTR development has surged at a time when new, for-sale, single-family home starts have declined. Last year, SFR/BTR construction starts reached 75,000 units — an all-time high and an annual increase of 8.7%, while for-sale starts recorded a second-straight yearly decline of 6.9% (Chart 1). BTR’s share of all single-family constructio ..read more