Ivan Kaufman |
“Our volume, capacity and
borrower loyalty are all well in excess of what we could have predicted when
the Small Balance Loan program launched, and that’s largely due to the
remarkably strong relationship we’ve built with Freddie Mac,” said Arbor
Chairman, President and CEO, Ivan
Kaufman.
“The product was created
with the unique needs of the smaller multifamily participant in mind, and it
has evolved to meet their changing demands as the multifamily cycle has
progressed.
"We are excited to continue to provide a stable, reliable financial solution that supports the workforce housing goals associated with smaller multifamily assets.”
"We are excited to continue to provide a stable, reliable financial solution that supports the workforce housing goals associated with smaller multifamily assets.”
Stephen Johnson |
“We congratulate Arbor
Realty Trust in reaching this milestone. Freddie Mac’s commitment to small
property lending through the Small Balance Loan program is evident through our
outstanding seller partnerships, which is exemplified by our relationship with
Arbor,” said Stephen Johnson, Vice
President, Small Balance Loan Business for Freddie Mac Multifamily.
“Arbor was our top
producing Small Balance lender in 2015 and 2016, and its 2017 performance has
exceeded all expectations. We look forward to seeing what the balance of the
year brings.”
For a complete copy of the company’s news release,
please contact:
Arbor Realty Trust,
Inc.
Bonnie Habyan
333 Earle Ovington Blvd,
Suite 900
516.506.4615
516.506.4615
800.ARBOR.10
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