Thursday, July 19, 2012

Arbor Enhances FHA Multifamily Lending Business, Hiring Two New Originators

 UNIONDALE, NY (July 19, 2012) - Arbor Commercial Mortgage, LLC (“Arbor”), a leading, direct commercial real estate lender, continues the aggressive expansion of its Federal Housing Administration (FHA) multifamily loan platform and FHA-dedicated origination team on a national basis with the appointment of two veteran FHA Originations Directors in the company’s Columbia, MD, and Broomfield, CO, offices.

 Allan Rugg and Nicholas D. Paez were each appointed as FHA Originations Directors in Arbor’s Columbia, MD, and Broomfield, CO, offices, respectively. Both are responsible for originating FHA-insured multifamily, seniors housing and healthcare facility loans nationwide on an expedited basis for acquisition, refinance and construction transactions. They both report to Joseph Donovan (top right photo), Senior Vice President, Director of FHA Lending.

 For a complete copy of the company’s news release, please contact:

 Chris Ostrowski
Arbor Realty Trust, Inc.
Tel: (516) 506-4255
333 Earle Ovington Blvd, Suite 900
Uniondale, NY11553

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