Press Releases
UNIONDALE, NY (April 2, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded $16.3M in Fannie Mae DUS® and Fannie Mae Small loans in Myrtle Beach, SC. Patriots Way At The Beach Apartments received $9.6M in refinance financing, with a 12-year fixed rate, through the Fannie Mae DUS® program. The property is comprised of 110, two-bedroom units and features hardwood floors and walk-in closets. It is minutes away from the beach, with fine dining, shopping and entertainment nearby. The 501 38th Avenue Portfolio received $2.2M in refinance, cash-out funding, with a 12-year fixed rate, through the Fannie Mae Small Loan program. Built in 1963, the 34-unit complex is a short distance from the Children’s Museum of South Carolina, Ripley’s Aquarium and local shopping. Avenue North Apartments received $3.2M in refinance, cash-out funding, with a 12-year fixed rate, though the Fannie Mae Small Loan program. The 43-unit property is less than a half-mile from the beach, restaurants and shopping. 604 19th Street received $1.2M in refinance funding, with a 12-year fixed rate, through the Read the full article…
Research
Moody’s Analytics reviewed Covid-19 effects on California’s multifamily market, showing in many ways commercial real estate remains a local business.
ARBOR’s Single-Family Rental (SFR) Lines of Credit Arbor offers flexible solutions customized for your portfolio aggregation and bridge-to-permanent financing needs.* V060324
ARBOR’s Single-Family Rental (SFR) Build-to-Rent Financing Arbor offers flexible loan solutions customized for your ground-up construction financing needs.* V060324
ARBOR’s Single-Family Rental (SFR) Fixed-Rate Term Financing Arbor offers flexible permanent financing solutions for long-term stabilized rental income.* V060324
Articles
The coronavirus has sent shock waves through the global economy. With uncertainty rising, investors have quickly piled into safe-haven assets, sending bond yields to new depths. Multifamily will also see its turbulence, but it is well positioned to weather the storm.
Around the Web
Arbor Realty Trust’s COVID-19 Multifamily Roundup provides updated news on how real estate is being impacted in today’s economic climate.
Articles
Moody’s Analytics provided insights on the COVID-19 CRE impact, pointing out differences based on property types and geographic locations.