UNIONDALE, NY (February 27, 2008) - Arbor Commercial Mortgage announces the appointment of Jay Porterfield (photo top right) to Director in Arbor’s Dallas, TX office. Mr. Porterfield will originate Fannie Mae and FHA transactions throughout the Southwest. He reports to Ken Fazio, Vice President, Sales Management.Prior to joining Arbor, Mr. Porterfield served as a Senior Vice President at Countrywide Commercial Real Estate. In this position, he managed the 50-person Plano, TX regional office with a territory that included Texas, Louisiana, Oklahoma, Colorado and Nebraska.
Before Countrywide, Mr. Porterfield was a Director for LaSalle Bank Real Estate Capital Markets (ABN AMRO), where he ran the Dallas office for LaSalle’s CMBS lending group. He originated $270,000,000 of fixed-and floating-rate loans, negotiated loan applications and documents with borrowers, brokers and attorneys. Additionally, he has held posts at General Electric Commercial Finance Real Estate and Archon Financial (A Goldman Sachs Company).
Mr. Porterfield earned both his Master of Science in Economics and a Bachelor of Business Administration in Accounting and Finance from Texas A&M University-Commerce. He resides in Murphy, TX.
Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have extensive experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility. Arbor’s seasoned management team specializes in debt and equity financing for multifamily, office, retail, hotel and various other commercial real estate properties. The company offers a broad array of financing options including Fannie Mae DUS®, FHA, CMBS, Bridge and Mezzanine products. Currently, Arbor services over $3 billion in loans. Arbor is a rated Standard & Poor’s third-party commercial loan and special servicer.
Arbor also manages Arbor Realty Trust, Inc., a real estate investment trust (REIT), formed to invest in real estate bridge and mezzanine loans, preferred equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, and has full-service lending offices throughout the United States.
Contact:
Ingrid Principe
Marketing Specialist
Arbor Commercial Mortgage, LLC
333 Earle Ovington Boulevard, Suite 900
Uniondale, NY 11553
Uniondale, NY 11553
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