Saturday, April 11, 2015

Arbor Appoints Ben Truitt as Director of FHA in Denver, CO Office


Ben Truitt

UNIONDALE, NY -- Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, today announced the appointment of Ben Truitt as Director, FHA in the company’s Denver, CO, office.

A 17-year commercial real estate finance veteran, Mr. Truitt will be responsible for providing capital for the refinance, acquisition and construction of multifamily housing and senior housing by utilizing Arbor’s Federal Housing Administration, Fannie Mae, Freddie Mac and creative structured finance loan products, including bridge, mezzanine and preferred equity funding options.

 Mr. Truitt reports to Matt Carey, Vice President of FHA Lending.

Prior to joining Arbor, Mr. Truitt began his commercial lending career as an originator with GMAC Commercial Mortgage.

 Since then, through various roles with GMAC, PNC Bank, Red Stone, AmeriSphere and ACRE, his healthcare and multifamily financing expertise has continued to grow and includes a U.S. Department of Housing and Urban Development (HUD) Multifamily Accelerated Processing (MAP) designation. In his career, Mr. Truitt has been involved with the origination or underwriting of $570 million in closed loans.

Matthew Carey
Mr. Truitt is a member of the Urban Land Institute, University of Colorado Real Estate Council (CUREC), Colorado Health Care Association & Center for Assisted Living and the CFA Institute as a CFA Charterholder.

 Mr. Truitt serves on the Education Committee for the CUREC and on the Board of the CFA Society of Colorado. He is also the Public Awareness Committee Chair for the CFA Society of Colorado.

Mr. Truitt received his Master of Business Administration degree in Real Estate Development and Investments from the University of Colorado-Boulder, where he also received an undergraduate degree in Mechanical Engineering.

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

Christopher Ostrowski

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