UNIONDALE, N.Y., Sept. 23, 2019 /PRNewswire/ -- Arbor Realty
Trust, Inc. (NYSE: ABR), a real estate investment trust and
national direct lender specializing in loan origination and
servicing for multifamily, seniors housing, healthcare,
single-family rental portfolios and other diverse commercial real
estate assets, recently announced the creation of the Arbor Small
Multifamily Price Index (ASMPI), in partnership with Chandan
Economics, a leading provider of data and analytics to commercial
real estate lenders, investors and policymakers.
The ASMPI is designed to measure the estimated average price
appreciation on small multifamily properties with 5 to 50 units and
with primary mortgages between $1
million and $7.5 million
across the United States. The
index compares model estimates of small multifamily rents and
compares them against small multifamily cap rates.
"Arbor Realty Trust has been a leading lender and innovator in
the small multifamily arena for many years," said Ivan Kaufman, Chairman and CEO, Arbor Realty
Trust. "The Arbor Small Multifamily Price Index is a new and
important tool that will allow investors to distinguish how
properties in the small multifamily market are trending in
comparison with other subsets of the real estate market."
Given the widening gap between the supply and demand of
affordable rental housing in the country, this newly available data
will help shed light on potential investment opportunities in this
property sector.
"The Arbor Small Multifamily Price Index fills an important need
in the marketplace for data analytics focused on small multifamily
properties," said Sam Chandan,
Founder, Chandan Economics. "With
small multifamily properties making up about 32 percent of total
U.S. rental inventory, this sector is becoming increasingly
important to our nation's workforce and we are pleased to work with
Arbor to provider meaningful research and insight into this
area."
Initial estimates for small multifamily prices, as measured by
the newly created ASMPI, are up 1.3% from the first quarter of 2019
and 6.9% from second-quarter 2018. Since their post-recession low
in 2010, small multifamily property prices have increased by over
78%, and they are above their high from the previous cycle by 36%.
For more information on the ASMPI, visit the Arbor Chatter
blog.
View the definition and methodology behind the ASMPI in our
FAQ.
About Us
Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real
estate investment trust and direct lender, providing loan
origination and servicing for multifamily, single-family rental
(SFR) portfolios, seniors housing, healthcare and other diverse
commercial real estate assets. Headquartered in Uniondale, New York, Arbor manages a
multibillion-dollar servicing portfolio, specializing in
government-sponsored enterprise products. Arbor is a Fannie Mae
DUS® lender and Freddie Mac Optigo Seller/Servicer. Arbor's product
platform also includes CMBS, bridge, mezzanine and preferred equity
loans. Rated by Standard and Poor's and Fitch Ratings, Arbor is
committed to building on its reputation for service, quality and
customized solutions with an unparalleled dedication to providing
our clients excellence over the entire life of a loan.
Contact: John DeLibero
Tel: 516.506.4237
jdelibero@arbor.com
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SOURCE Arbor Realty Trust, Inc.