Here’s What the Demographic Shift Means for Your Deal.
Two segments of the population are growing at the same time — and both are heading to apartments.
- On one end: 7.5 million young adults still living with their parents, waiting for the job market to stabilize before they move out. When they do, they won’t be buying homes. The average first-time buyer is now 40 years old. They’ll rent, and rent longer than any prior generation.
- On the other end: Some 4 million Baby Boomers will turn 70 in 2026, making them the fastest-growing renter segment in the country. They stay longer, renew more reliably, and generate lower turnover costs. An older renter cohort doesn’t produce the same leasing velocity as a younger market, but it can produce steadier, more predictable NOI.
The bottom line: demand for apartments is real across age groups and markets for the foreseeable future.
So why does your financing structure matter right now?
Demand like this plays out over years, not quarters. You need financing that’s there for the long-term.
Long-term, fixed-rate FHA financing gives you the time – and the certainty – to execute on your plans. That’s what AGM does. We work exclusively with multifamily developers and owners navigating FHA financing, and we know how to structure a deal that positions you for what’s coming.
Let’s talk about your timeline.
If you have a deal in the pipeline or a property you haven’t refinanced recently, reach out. A conversation with AGM costs nothing and could change the math on your next project.
About AGM Financial Services, Inc.
Family-owned with over 30 years of experience, AGM has closed over $10 billion in FHA-insured multifamily project loans nationwide. We underwrite, fund, and service all of our loans. Developers and owners can count on AGM to be accessible, transparent, consistent, and ready to lend. From new construction to substantial rehabilitation to acquisition and refinance — for both market-rate and affordable projects — we can get the deal done. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.