Press Releases

Arbor Funds $8.1M Bridge Loan in Shreveport, LA

UNIONDALE, NY (March 19, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a bridge loan in Shreveport, LA, for the acquisition of Willow Trace Apartments. This 192-unit property received $8.1M in financing. Sam Schwass of Arbor’s New York City office originated the loan. “This was an exceptional closing that was executed quickly and smoothly thanks to the experience of a highly sophisticated sponsor and the talent and expertise of our structured finance and underwriting groups,” said Schwass. “This was also a great example of how we partner with our clients to develop solutions that best meet their short- and long-term financial goals.” Built in 1978, the two-story units that make up Willow Trace Apartments feature high-speed internet access, fireplaces, walk-in closets, air conditioning and ceiling fans. Residents enjoy balconies and patios; a grill and picnic area; an outdoor pool; and tennis courts. The complex also offers convenient access to local shopping venues, parks and recreation, including a science center, gardens and bicycle trails. About Us Arbor Realty Trust, Inc. (NYSE:ABR) is a Read the full article…

Press Releases

Arbor Funds $3.4M Fannie Mae Small Loan in Kingston, PA

UNIONDALE, NY (March 17, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently financed a Fannie Mae Small Loan in Kingston, PA. Chapin Apartments received $3.4M in cash-out refinance funding through the program. This is a 7-year deal with a 30-year amortization. Ryan Duff of Arbor’s New York City office originated the loan. “This transaction provided our client the capital they needed to continue to build their portfolio,” said Duff. “At the same time, they were able to secure favorable rates for this loan, making it an ideal solution all around.” Chapin Apartments at 151 East Walnut Street is a garden-style community comprised of four buildings and a total of 60 units. While the units were built in 1939 and 1950, most were renovated in 2018. The complex features a fitness center, resident lounge, storage lockers and a covered parking garage across the street. It is also conveniently located near local shopping, parks and recreation. About Us Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loan Read the full article…

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Coronavirus (COVID-19) CRE Resource Guide

Find out about coronavirus developments and the potential implications for the real estate industry with Arbor Realty Trust’s COVID-19 CRE Resource Guide.

Arbor Private Label Program

ARBOR’s Private Label Program Arbor is expanding financing options for investors in the Private Label marketplace.   Loan Amount $4 million minimum Loan Term 5-, 7- and 10-year options Amortization 30 years; interest-only periods can range from zero to ten years, determined by leverage, debt yield, market and overall credit quality Minimum DSCR 1.25x Maximum LTV 75% (amortizing); 65% (full-term interest-only) MINIMUM DEBT YIELD 7%; exceptions considered on a case-by-case basis INTEREST RATE Fixed rate over the greater of the 10-year Treasury rate or 10-year swap rate; spread varies based on risk and terms ORIGINATION FEE Minimum of 0.25% CASH MANAGEMENT Springing Lockbox upon EOD SUBORDINATE DEBT Mezzanine debt available on a case-by-case basis; program can also allow for future mezzanine debt BORROWER/SPONSORSHIP Borrower must be a newly formed, single-purpose, bankruptcy-remote Delaware LLC. Sponsor must have an established track record, appropriate net worth and liquidity commensurate with transaction; normal expectations are a minimum net worth equal to the loan amount and liquidity of no less than 10% of the loan amount MINIMUM OCCUPANCY 85% COLLATERAL TYPES Conventional multifamily TAX AND Read the full article…

General: 800.ARBOR.10

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