The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
4. www.SVN.com
Economic
Updates
Provided by
○ According to latest data from Arbor Realty
Trust/Chandan Economics, SFR/BTR construction
starts reached a new record high in Q2 2023 as cap
rates compress, accounting for 7.7% of all single-
family starts.
○ SFR cap rates fell to 6.1% during Q3 2023, the latest
data available, as home prices climbed.
Concurrently, SFR rents remained strong.
○ SFR occupancy levels averaged 94.4% in Q3,
dropping by 10 basis points from the previous
quarter. Rent growth has continued to slow,
dropping to 4.5% year-over-year through July, the
latest data tracked in the report. It was the slowest
annual rent growth tracked since April 2020,
however, while rent growth has decelerated from
its pandemic levels, it currently stands above its
2015-2019 average by a full percentage point.
SFR Investment Trends
28. www.SVN.com
Events
& Webinars
TUESDAY
JANUARY 9
Single Tenant Investment Product
Council Meeting
11:30 AM ET | 8:30 AM PT
THURSDAY
JANUARY 11
Multifamily Product Council Meeting
12:00 PM ET | 9:00 AM PT
Date: January 8-12, 2024
No SVN Live next week, January
15th!
30. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and
your advisors should conduct a careful, independent investigation of the property
to determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.