ARBOR’s Single-Family Rental (SFR) Fixed-Rate Term Financing
Arbor offers flexible permanent financing solutions for long-term stabilized rental income.*
| ELIGIBLE PROPERTY TYPES | Portfolios (minimum of 5 units per loan) of:
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| ELIGIBLE LOCATIONS | All states, except for Nevada |
| ELIGIBLE BORROWER | Must be a newly formed, single-purpose, bankruptcy-remote Delaware LLC |
| LOAN TERM | 5-, 7-, and 10-year |
| MINIMUM LOAN AMOUNT | $1.5M |
| MAXIMUM LTV | 75% (30-year amortizing); 70% (full-term interest-only) |
| MINIMUM DSCR | 1.20x |
| INTEREST RATE | Fixed |
| OCCUPANCY REQUIREMENTS | 90% occupied at rate lock |
| LEASES | Minimum 12-month leases |
| CASH MANAGEMENT | Typically required for loans above $25M |
| PREPAYMENTS/ASSET RELEASES | Subject to either yield maintenance or step-down prepayment penalty structure |
| RECOURSE | Loans above $5M are non-recourse; loans $5M and below can be recourse or nonrecourse |
| SPONSORSHIP | Established track record, appropriate net worth, and liquidity commensurate with transaction |
| PRICING | Based upon loan and property specifics |
*All final terms subject to underwriting discretion that typically follows a review of the deal structure and a full due diligence package.
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