Press Releases

Arbor’s Servicer Ratings Affirmed and Positive Outlook Rating Assigned by Fitch

Fitch Ratings Recognizes Arbor’s Commitment to Excellence and Innovation Arbor Realty Trust (NYSE:ABR) NEW YORK, NEW YORK – November 29, 2023: Fitch Ratings has reaffirmed Arbor Multifamily Lending, LLC’s (Arbor) commercial primary and special servicer ratings, further solidifying Arbor’s position as a trusted partner in the multifamily lending industry. Concurrently, they have assigned a Positive Outlook to each rating, reflecting an unwavering commitment to excellence and innovation. Commercial primary servicer rating at ‘CPS2’; Outlook Positive; Commercial special servicer rating at ‘CSS3+’; Outlook Positive. “The assignment of the Positive Outlook reflects Fitch’s 12–24 month view on the trajectory of Arbor’s primary servicer rating, noting that as the new borrower website is fully realized and deployed and turnover within the primary servicing function continues to stabilize, positive rating movement is possible.” – Fitch Ratings Read more from Fitch about the key rating drivers behind this announcement. Direct inquiries to [email protected]. About Arbor Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, and other diverse commercial Read the full article…


Video: Special Report Fall 2023 Key Takeaways

In this video, Dr. Sam Chandan, Founding Director of the C.H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business and non-executive chairman of Chandan Economics, details the key takeaways of Arbor’s Special Report Fall 2023, which he co-authored with Ivan Kaufman, Chairman and CEO of Arbor Realty Trust.


FHFA Loan Caps for 2024: What Multifamily Borrowers Need to Know

The Federal Housing Finance Agency (FHFA) announced a $10 billion rollback of Fannie Mae and Freddie Mac’s volume cap for loan purchases for 2023 to $140 billion ($70 billion for each agency). This move aligns with industry expectations, given the anticipation of continued headwinds for the multifamily in 2024. Next year’s cap for the Government-Sponsored Entities (GSEs) is a reduction of approximately 7% from the $150 billion limit set for 2023 and a return to the level it was in 2021.

Current Reports

Affordable Housing Trends Report Fall 2023

With the cost of living climbing, the need for affordable housing has become more urgent. Although demand continues to outpace available supply, multifamily investment in affordable housing is fortified by Low-Income Housing Tax Credits (LIHTC), Project-Based Section 8, and the Housing Choice Voucher (HCV) programs. Arbor’s Affordable Housing Trends Report Fall 2023, developed in partnership with Chandan Economics, examines the supply-driven programs and policies designed to improve supply at a point in time when federal gridlock has stalled many funding increases.

Current Reports

Small Multifamily Investment Trends Report Q4 2023

Arbor’s Small Multifamily Investment Trends Report Q4 2023, developed in partnership with Chandan Economics, is a snapshot of a strong and resilient subsector continuing to navigate ongoing market dislocation. The report shows that distress has remained limited, even with valuations and measures of risk pricing in flux. As conditions start to stabilize, there are signs that deal activity is picking up.


Ivan Kaufman on Secrets to Success: “Inside the ICE House”

Ivan Kaufman on Secrets to Success

Ivan Kaufman, the chairman and CEO of Arbor Realty Trust, Inc. (NYSE:ABR), was featured on Intercontinental Exchange’s “Inside the ICE House” podcast, hosted by Josh King. In an episode titled “Arbor Realty Trust CEO Ivan Kaufman Builds an Empire From Multifamily Homes,” Kaufman shared insights about entrepreneurship and multifamily trends in 2020.

Although COVID-19 has taken a severe toll on the economy, Arbor has continued its upward growth. In the second quarter of 2020, the REIT increased its core earnings and raised dividends for the ninth year in a row. Kaufman partly attributed the company’s success to its diversified income streams, including originating and servicing loans and owning real estate.

“Our core asset class is multifamily and that’s not by accident. Going through several recessions including the Great Recession, it was evident that the multifamily asset class is extremely resilient,” said Kaufman. That’s one of the key reasons why Arbor is the best performing mortgage REIT in the industry.

Arbor has adhered to its steadfast principles of maintaining strong fundamentals, while being nimble in innovating products and services. Kaufman explained that the CARES Act provided money, which enabled tenants to pay rent. This allowed borrowers to pay their mortgages and institutions to service their loans. Thus, the real estate market remained stabilized. As one example of its pioneering actions, with its borrowers, Arbor created a rental assistance program (ARAP) to supplement governmental assistance to tenants financially impacted by COVID-19.

Arbor’s chairman predicted technology will streamline processes, improve information and lower costs. Kaufman has observed significant increases in efficiency with electronic signatures and the elimination of duplicative data. “I wouldn’t be surprised if getting a multifamily loan in a year or two from now will go from 30 to 15 days. We’ll continue to see those kinds of improvements,” he stated.

With COVID-19’s disruptions, Kaufman provided a CRE perspective. He emphasized that 60% of asset classes, comprising multifamily, single-family rental and industrial, are performing extremely well. Other property types, such as retail, hospitality and offices, face different challenges.

For multifamily, depending on the location, Kaufman forecasted a slight decline in rent growth and occupancy, with flight to the suburbs. However, he commented, “That’s going to be offset by price appreciation because multifamily is such a strong investment asset class. With low interest rates, you’re going to see cap rates compress and values go higher.”

In the fourth quarter, multifamily purchase transactions will return to normal and refinancings will reach record levels, according to Kaufman. This portends additional future profitability for Arbor.

Yet the forward-thinking CEO refuses to rest on his laurels and has even greater aspirations for his company. “Our mission is to become fully vertical and to offer every product for multifamily, from investment sales all the way through servicing,” said Kaufman. “Whether it be equity, preferred equity, permanent debt, bridge products or construction lending, we will have a program over the next two to three years.”

For more on Kaufman’s business strategies, and his perspectives on the real estate industry and multifamily weathering the current economic storm, listen to the full podcast below and more of Ivan’s recent appearances in the news.

Learn about Arbor’s multifamily financing solutions for your investment goals. Contact Arbor today to speak with one of our origination specialists.