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| 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.
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| 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
