Assessing the damage that the Coronavirus pandemic has had on the multifamily sector, Arbor Realty Trust, in conjunction with Chandan, has measured how apartments have performed in recent months, and what lies ahead, in 50 US cities in a new report.
The Arbor-Chandan Opportunity Matrix evaluated the performance of those locales' economies and multifamily markets by tracking eight categories: levels of large multifamily loan volume, levels of multifamily construction, labor market size, labor market performance during COVID-19, mobility trends, renter performance and sentiment, renter preferences and an assessment of COVID-19 risk.
Using these indicators Seattle took the top spot in the rankings. The city performed well in key areas, including wage growth, employment growth and COVID-19 risk assessment.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
