UNIONDALE, NY (July 19, 2018) – Arbor
Realty Trust, Inc.(NYSE:ABR), a real estate investment trust and national direct lender
specializing in loan origination and servicing for multifamily, seniors
housing, healthcare, and other diverse commercial real estate assets, is
pleased to announce that David Galst has joined Arbor as Vice
President, Originations.
Mr. Galst will be responsible for
originating Fannie Mae, Freddie Mac, FHA, CMBS, Bridge, Mezzanine, and
Preferred Equity loan transactions nationwide.
He is based out of Arbor’s Century City, CA office and reports
directly to Frank Lutz, Executive Vice President, Chief Production
Officer.
With over 25 years of industry
experience, Mr. Galst has extensive expertise delivering client-specific
financing across all agency platforms.
“We are pleased to have David join the Arbor team,” said Mr.
Lutz. “David brings deep, industry-leading experience and we look forward to
his contributions in helping Arbor expand our product offerings to our
growing client base.”
Prior to joining the company, Mr. Galst
spent the last eight years with Wells Fargo in its Business Banking Group.
In
his most recent role as Principle Real Estate Industry Specialist, he
originated and underwrote commercial real estate investor loans for various
property types, while managing a sizeable portfolio.
Previously, he held several positions as Vice President with
Preferred Bank, Union Bank of California, and Commercial Bank.
Mr. Galst holds a Bachelor of Business
Administration in Finance from The George Washington University.
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For more information, please contact:
Bina Handa
Tel: 516.506.4229
Arbor
Realty Trust, Inc.
333
Earle Ovington Blvd, Suite 900
Uniondale, NY 11553
800.ARBOR.10
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