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COVID-19 and Apartment Demand

RealPage presented a webcast on Covid-19 and apartment demand. Economists provided advice on retaining tenants, while forecasting the pandemic’s future effects on the economy.

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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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