Arbor Private Construction (APC) Meets Soaring Demand for Financing
Arbor Private Construction (APC), Arbor’s newest non-agency financing product, has seen robust demand during the first half of 2025, with high-profile transactions closed in strong markets like Surfside, FL, and Philadelphia, PA. Designed for shovel-ready projects, APC is a dynamic program expanding premium rental housing options in primary markets.
APC Loans Finance Construction-Ready Multifamily
APC is a construction financing product available exclusively through Arbor. APC offers short-term, floating-rate loans for construction-ready multifamily projects. Specifically for experienced sponsors, APC builds upon Arbor’s suite of agency and non-agency financing options. It has added depth to Arbor’s platform and delivers three turns on our capital through construction, bridge, and permanent agency lending opportunities.
Highlights from an Active First Half of 2025
Launched in late 2023, Arbor’s APC product quickly built a robust pipeline and an interest from sponsors that resulted in several large closings this year. In top markets nationwide, Arbor partners with experienced sponsors to satisfy the growing demand for premium rental housing.
Surfside, FL
Arbor recently provided a $115 million construction loan for a three-story, 68-unit luxury apartment building in Surfside, FL, a rapidly expanding real estate market outside Miami. The APC loan issued in May 2025 is one of the largest construction loans in this area this year. It is financing the development of a luxury living experience focused on wellness, with amenities such as a spa, fitness center, private movie theater and even a library equipped with work pods. Construction began this May and is anticipated to be completed by the end of 2026.
Bayonne, NJ
In June, Arbor provided $58 million in construction financing for a 197-unit construction project in Bayonne, NJ, an emerging nabe within striking distance of New York City. Slated to be completed in 2026, the upscale development will have a mix of studio, one-bedroom, and two-bedroom rentals. Located near Route 440, the building will feature a rooftop deck, an outdoor pool, a fitness center, covered parking spaces, and ground-floor retail.
Plymouth Meeting, PA
In March, Arbor extended $42 million in financing for a 149-unit office-to-residential conversion in Plymouth Meeting, PA, a vibrant suburban neighborhood outside Philadelphia. The luxury apartment community will feature extensive on-site amenities, including a state-of-the-art fitness center, an indoor pool, and outdoor communal spaces. The first phase of development is expected to be completed in the first quarter of 2026.
Partner with Arbor on Your Next Project
Arbor is a nationwide real estate investment trust and direct lender that has been financing rental housing for over 30 years. We provide loan origination and servicing for multifamily, affordable housing, and other diverse commercial real estate assets.
APC, a complement to our single-family rental (SFR) financing and build-to-rent (BTR) financing programs, can be used for vertical/garden style, ground-up multifamily developments with agency-qualifying characteristics located in primary or strong secondary markets with positive demographic, population, and employment trends.
From ground-up construction to office conversions, APC financing is well-suited for sponsors who want one lender for the life of asset ownership and who have an established multifamily track record and commensurate net worth and liquidity.
Contact us today to learn more about Arbor’s APC loan program.
Interested in the multifamily real estate investment market? Contact Arbor today to learn about our array of multifamily, single-family rental, and affordable housing financing options or view our multifamily articles and research reports.