Arbor Funds $109.3 Million Fannie Mae Loans in California

  

 Stephen York 

UNIONDALE, NY  – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, funded 11 Fannie Mae loans throughout the state of California. The multifamily properties received $109.3M in financing.

 Stephen York of Arbor’s New York City office originated the loans.

 “Our client was looking to unlock trapped equity in a number of properties and redeploy that capital into a number of acquisitions,” York said.

 “We were pleased to provide the borrower with very attractive financing terms across the portfolio and partner with Fannie Mae on multiple product lines.” 

 Boulder Springs Apartments, Fresno, CA 

 Boulder Springs Apartments in Fresno received $17.6M in acquisition funding through the Fannie Mae Streamlined Rate Lock (SRL) program in Q2 2020. The 176-unit property was built in 1986 and features basketball and tennis courts, a fitness center, spa and pool. It is in close proximity to Forestiere Underground Gardens.

Shadow Ridge Apartments in Bakersfield received $16.5M in refinancing through the Fannie Mae Small Loan Streamlined Rate Lock (SRL) program in Q3 2019. The 204-unit complex was built in 1990 and includes spacious one-, two- and three-bedroom floorplans. The pet-friendly property features basketball and tennis courts, and a recreational play area for children.

 Shadow Ridge Apartments, Bakersfield, CA

 Mountainview Villas in Santa Rosa received $15.1M in refinancing in through the Fannie Mae Streamlined Rate Lock (SRL) program in Q2 2020. Built in 2000, the 78-unit garden-style complex includes one-, two-, and three-bedroom floorplans. The property, with its spectacular mountain views, features a gated pool, fitness center and spa. Local parks and shopping are nearby.

Mountainview Villas, Santa Rosa, CA

Park West Townhomes,  in Petaluma received $14M in refinancing through the Fannie Mae Streamlined Rate Lock (SRL) program in Q2 2020. Built in 1972, the 71-unit garden property is pet-friendly and minutes away from the Theatre District.

Summerset Village Apartments in Fresno received $9.3M in acquisition funding through the Fannie Mae DUS® program in Q1 2020. Built in 1965, the garden-style multifamily property is made up of 211 one- and two-bedroom units. Fresno City College is a little more than a mile away.

Maple Grove apartments, Fresno, CA

 Garden East Apartments in Modesto received $9.2M in acquisition funding through the Fannie Mae DUS® program in Q2 2020. Built in 1976, the 92-unit remodeled complex includes hardwood floors, walk-in closets and large bedrooms. The gated community features a swimming pool and club house. It is conveniently located with shopping nearby.

 Maple Grove in Fresno received $9.2M in acquisition funding through the Fannie Mae DUS® Green Rewards program in Q4 2019. Built in 1990, the 120-unit multifamily complex includes one-, two- and three-bedroom apartments, with spacious living areas, central air-conditioning and private patios. It is in close proximity to retail shopping and Fresno Pacific University.

Highland Oaks Apartments, Bakersfield, CA

 Churn Creek Village Apartments in Redding received $5.2M in acquisition funding through the Fannie Mae Small Loan program in Q3 2019. The 93-unit complex is made up of one-, two- and three-bedroom floorplans and features patios, balconies and hardwood floors. Retail shopping and restaurants are nearby.

 Highland Oaks Apartments in Bakersfield received $4.9M in refinancing through the Fannie Mae Small Loan Streamlined Rate Lock (SRL) program in Q1 2020. The 64-unit pet-friendly complex was built in 1978 and features hardwood floors, carpeting and granite kitchen countertops. It is a short distance from the Buena Vista Museum of Natural History.

Ming Garden Apartments in Bakersfield received $4.9M in refinancing through the Fannie Mae Small Loan Streamlined Rate Lock (SRL) program in Q3 2019. The 72-unit complex was built in 1983 and includes granite countertops, hardwood floors and walk-in closets. The property features a pool, spa and hot tub, and is a short distance from California State University, Bakersfield. 

 The Sunset Apartments in Bakersfield received $3.4M in refinancing through the Fannie Mae Small Loan Streamlined Rate Lock (SRL) program in Q3 2019. The 58-unit property was built in 1978 and is comprised of studio, one- and two-bedroom floorplans. The single-level complex features large aisle kitchens, walk-in closets and a swimming pool. It is close proximity to the Buena Vista Museum of Natural History.  

 CONTACT:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Arbor Announces the Appointment of David Ohana as Director, Sales

                           

David Ohana

 UNIONDALE, NY, July 15, 2020 – Arbor Realty Trust, Inc. (NYSE:ABR) a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare and other diverse commercial real estate assets, is pleased to announce the appointment of David Ohana as Director, Sales.

 He is responsible for originating Fannie Mae, Freddie Mac, FHA, SFR Portfolios, Private Label, Bridge, Mezzanine, and Preferred Equity transactions nationwide.

Mr. Ohana has more than five years of experience in commercial real estate financing with a focus on multifamily transactions. He has held previous roles as a mortgage originator, management consultant, and hedge fund analyst at top-tier financial organizations. 

Mr. Ohana most recently served at a New York City-based firm, where he originated, underwrote, and structured real estate transactions.

Frank Lutz

As part of his role, he facilitated mortgages between his clients and lenders, sourced limited partner investment opportunities for the firm’s balance sheet, and grew and maintained relationships with clients, capital sources and lending institutions.

“David’s real estate and mortgage originations experience will play an integral role in Arbor’s strategic growth plans and ongoing success as a top agency lender,” said Frank Lutz, Executive Vice President, Chief Production Officer, Arbor Realty Trust.

“His innate ability to establish meaningful relationships with his clients and lending institutions is a great asset to our company. We look forward to David’s contributions, which will build upon Arbor’s overall success in the market.” 

Mr. Ohana has a Bachelor of Science from the Sy Syms School of Business of Yeshiva University.

 Contact:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Arbor Funds $3.9 Million Freddie Mac SBL Loan in Union City, NJ

  

 Jade Apartments, Union City, NJ,  is comprised of one- and two-bedroom residential units.

 UNIONDALE, NY, July 14, 2020 – Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac Small Business Loan in Union City, NJ. Jade Apartments received $3.9M in acquisition financing through the program.

James Fiesel of Arbor’s New York City office originated the loan.

“Through our partnership with Freddie Mac, we were able to provide a seamless and successful experience for our borrower, despite the complexities of the current environment. This allowed our client to secure a beautiful property in conveniently located Union City, NJ,” Fiesel said. 

James Fiesel

Built in 2008 and renovated in 2016, Jade Apartments is comprised of one- and two-bedroom residential units. The midrise multifamily property features hardwood floors and ultra-modern kitchens with stainless steel appliances and Italian marble countertops. Public transportation, shopping, dining and entertainment are nearby.  

CONTACT:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Arbor Funds $13.9 Million in Fannie Mae Small Loans Across the Nation

Geoffrey Platt

The College Crest,
 LaBoiteaux and 
Hillcrest Apartments
 Cincinnati, OH

UNIONDALE, NY, June 10, 2020 – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded seven Fannie Mae Small Loans across the nation. The multifamily properties, totaling 256 units, received $13.9M in financing. 

Geoffrey Platt of Arbor’s New York City office originated the loans.

 “These transactions highlight Arbor’s steadfast commitment to providing successful outcomes for our financial partners,” Platt said.

Pinebrook Apartments,
Florence, AL

 “No matter the location or the current environment, we are always here to ensure our clients achieve their fiscal goals.”   

Built in 2019, Taylor Row Apartments in Punta Gorda, FL, received $1.2M in refinancing though the Fannie Mae Small Loan program. 

The 16-unit upscale property features studio, one- and two-bedroom floorplans with granite countertops and stainless steel appliances, and is within walking distance of downtown Punta Gorda.

13628 Pennsylvania Avenue
Hagerstown, MD

Girard Court Apartments in Killen, TX, received $1.3M in refinancing through the Fannie Mae DUS® program. The one-story furnished property was built in 2006.

 It features 24-units with hardwood floors, built-in bookcases, vaulted ceilings and French doors. 

The complex is conveniently located with major highways, parks and local dining nearby.

Pinebrook Apartments in Florence, AL, received $2.4M in refinancing through the Fannie Mae Small Loan program. The 41-unit multifamily property was built in 2008 and is a short distance from the UNA Planetarium & Observatory.

Arbor Court Apartments
Idaho Falls, ID

13628 Pennsylvania Ave. in Hagerstown, MD, received $1.1M in acquisition funding through the Fannie Mae Small Loan program.

 Built in 2012, the mixed-use, multifamily property is within walking distance of retail shopping and restaurants. 

Arbor Court Apartments in Idaho Falls, ID, received $1.9M in refinancing through the Fannie Mae Small Loan program. The six-unit, two-story property was built in 1953 and features a playground,  laundry facility and onsite parking. It is within close proximity to parks and retail shopping.

The College Crest, LaBoiteaux and Hillcrest Apartments in Cincinnati, OH,  received $3.7M in acquisition funding through the Fannie Mae Small Loan program. The multifamily garden-style properties include six buildings and 103-residential units.

 Bournemouth Apartments
Harper Woods, MI

The Bournemouth Apartments in Harper Woods, MI, received $2.3M in refinancing through the Fannie Mae Small Loan program. The two-story, 48-unit multifamily complex is conveniently located with shopping and dining nearby.

 About Us

 Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare and other diverse commercial real estate assets.

Taylor Row Apartments
  Punta Gorda, FL

Headquartered in Uniondale, New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a Fannie Mae DUS® lender and Freddie Mac Optigo Seller/Servicer.

Arbor’s product platform also includes CMBS, bridge, mezzanine and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.

CONTACT:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Funds $1.7 Million Fannie Mae Small Loan in Bloomington, IN

                       

Matt Norman

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae Small Loan in Bloomington, IN.

Beacon Hill Townhomes, Bloomington, IN

The deal received $1.7M in financing through the program, with a 10-year fixed rate, one-year of interest only payments, and a 30-year amortization schedule.

Matt Norman of Arbor’s Bloomington, Indiana, office originated the loan.

“When financing opportunities, and thus the acquisition window, looked slim due to parceling issues, Arbor stepped in and coordinated with Fannie Mae to structure a permanent loan, at an attractive rate that met the buyer’s return estimates,” Norman said.

 “The transaction also represented the first partnership between Arbor’s Central Indiana office and Alec Neesham of Marcus and Millichap Capital Corporation’s Indianapolis office.”

Chestnut Hill Apartments, Bloomington, IN

The Beacon Hill Townhomes and Chestnut Hill Apartments were built in 1993. The 15-unit complexes are conveniently located near downtown Bloomington and within close proximity of shopping, recreation and Indiana University at Bloomington.

Contact:

 Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Funds $21.4 Million Fannie Mae DUS® Green Rewards Loans in Florida and Texas

Geoffrey Platt

UNIONDALE, NY (Nov.26, 2019) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded Fannie Mae DUS® Green Rewards loans in Jacksonville, FL and Killeen, TX.

The properties received 21.4M in financing through the program and have 10-year fixed rates with two years of interest only payments.

Midtown Oaks, Jacksonville, FL

Geoffrey Platt of Arbor’s New York City office originated the loans.

“Through these loans, our clients were able to take advantage of the low interest rate environment made available through Fannie Mae’s green financing,” Platt said. “Arbor takes pride in partnering with our borrowers so they can achieve their current and future goals.”

Midtown Oaks is located in Jacksonville, FL. Built in 1974, the 176-unit property features newly renovated kitchens, hardwood floors, walk-in closets and air conditioning.

Country Place Apartments, Killeen, TX

This luxurious, gated community has a fitness center, spa, pool and playground for residents to enjoy. It is conveniently located near shopping and recreation.    

The Country Place Apartments, located in Killeen, TX, were built in 1996. The two-story, 137-unit property features air conditioning and walk-in closets.

It also offers a 24-hour fitness center, swimming pool, basketball court, pet park, and playground. The gated community is just minutes from dining, retail and entertainment, as well as Fort Hood.

CONTACT: 

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com