This week’s industry news highlights feature information on small balance lending growth as well as the new amenities that are attracting college students. First, MBA reports that small balance multifamily lending could increase 4 to 6 percent this year due to factors like having a superior risk-adjusted performance outlook. Then, Multifamily Executive states that effective rents are growing and the average sales prices for most property types should trend higher, in line with these increases. Arbor Chatter provides an analysis of the small balance lending market in Q1 2018 with insights from Chandan Economics. Axios reveals some of the elements that are expected to attract millennials in the coming years. Lastly, National Real Estate Investor explores the student housing shift toward amenities that reflect a focus on studying, health and fitness and the ride-sharing economy.

photo of exterior apartment

Small-Balance Lending Could Grow 6% in 2018

Mortgage Bankers Association – June 12, 2018

“The firms’ Small-Balance Multifamily Investment Trends report said sub-$5 million multifamily loan disbursement reached $49.8 billion last year, the highest level since the financial crisis.”

Reis: Investor Interest in Multifamily Remains High

Multifamily Executive – June 11, 2018

“Effective rents rose 0.8% in the first quarter, with positive rent growth expected to continue.”

Q1 2018 Small Balance Multifamily Investment Trends Report

Arbor Chatter

“Buoyed by the favorable economic outlook, a robust labor market and higher inflation, lending in Q1 2018 was $44.5B, improving on Q1 2017. “

Millennials are Moving to the Exurbs in Droves

Axios – June 10, 2018

“For this younger generation, what I see is more clustered developments within the suburbs, and smaller metros, greater reliance on public transportation and perhaps ride-hailing and self-driving cars.”

Focus in Student Housing Amenities Changes from Luxury to Health and Wellness

NREI – June 15, 2018

“Some companies that provide student housing say they have seen a shift away from over-the-top amenities that were popular with off-campus renters a few years back.”

By | 2018-07-12T21:21:59+00:00 June 8th, 2018|Architecture, NYC, Press Release, Real Estate|0 Comments

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