Conventional Forwards

FRDDIE MAC® Conventional Forwards   Arbor’s Freddie Mac® Conventional Forwards encourage the creation of new housing supply by providing takeout certainty to developers and construction lenders, helping to address long-term supply shortages that limit affordability and housing choice. In an evolving multifamily lending environment, our Conventional Forwards provide clarity to the terms of the permanent debt needed when a property stabilizes after new construction or major rehabilitation.

Current Reports

Small Multifamily Investment Trends Report Q4 2025

Arbor Realty Trust’s Small Multifamily Investment Trends Report Q4 2025, developed in partnership with Chandan Economics, outlines the long-term positives reinforcing the sector’s growth amid macroeconomic uncertainty. With capital market activity poised to increase, small multifamily’s healthy fundamentals position it to trend higher in the next cycle.

Borrower FAQs

Find answers to common questions about multifamily and single-family rental real estate financing.

Current Reports

Top Markets for Multifamily Investment Report Fall 2025

As headwinds fade and transaction volume rises, market knowledge is a critical advantage to commercial real estate investors. The Arbor Realty Trust-Chandan Multifamily Opportunity Matrix analyzed a wide range of factors within the 50 largest U.S. metros to assess market strength and durability. From maturing, dynamic metros to affordable, opportunity-rich markets, our biannual report is a roadmap to the top locations for capital deployment.

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Bridge Lending Solutions: Efficient Financing for Savvy Sponsors

Sponsors today are increasingly choosing bridge lending solutions to capitalize on opportunities during the lease-up and stabilization phases, with multifamily completions projected to remain elevated through 2030. Bridge loans, when paired with a lender equipped to support your investment needs from construction through permanent financing, can effectively position borrowers for long-term success.

General: 800.ARBOR.10

Home | Our Team | Noah Passage

Noah Passage

Associate, Sales
Noah Passage headshot
Noah Passage provides assistance with originations of various loan products across Arbor’s platform, including Fannie Mae, Freddie Mac, FHA, SFR, Bridge, CMBS, Mezzanine and Preferred Equity transactions. He joined Arbor in 2019 as an Agency Production Associate, and was promoted to Associate, Sales in 2022.

Mr. Passage has more than nine years of real estate industry experience. Prior to Arbor, he served as a Portfolio Analyst at Berkadia for their proprietary lending group. Before joining Berkadia, he monitored the credit performance of a portfolio of Commercial Mortgage-Backed Securities for KBRA. Earlier in his career, he worked in acquisitions for a multifamily owner and operator. Mr. Passage is well-versed in the transaction lifecycle and has extensive experience in underwriting, financial modeling, and credit analysis.

Mr. Passage earned a Bachelor of Business Administration in Finance from Temple University’s Fox School of Business.

[email protected] | 717.468.8781
Conshohocken, PA

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