Articles

Why Multifamily Finance Demands an Active Mindset

In commercial real estate, an active mindset is invaluable. At Arbor Realty Trust, it helps us anticipate market changes, identify multifamily opportunities, and act decisively when the time is right. But in multifamily finance, being active is about more than moving quickly. It is understanding where the markets are heading, maintaining close relationships, anticipating challenges, and being positioned to respond promptly when opportunities emerge.

Articles

How CRE CLOs Work in 2026 and Where Arbor Fits in the Market

Commercial Real Estate Collateralized Loan Obligation (CRE CLO) issuance reached $39.05 billion in 2026, on pace to be the highest annual volume in five years, according to the Commercial Mortgage Alert. CRE CLOs have become an established funding source for floating-rate bridge loan books, and Arbor Realty Trust continues to be a leader in this type of securitization.

Current Reports

Top Markets for Multifamily Investment Report Fall 2026

Arbor Realty Trust’s latest Top Markets for Multifamily Investment Report, a data-driven analysis of the nation’s 50 largest metropolitan areas developed in partnership with Chandan Economics, finds that multifamily performance has become less geographically uniform as strong local market fundamentals point investors to opportunities found within pockets of the country.

Research Sources

Arbor Realty Trust’s research articles and reports, developed in partnership with Chandan Economics, refer to and cite credible third-party sources, including: American Real Estate Society CoStar Fannie Mae Federal Deposit Insurance Corporation (FDIC) Federal Housing Finance Agency (FHFA) Federal Reserve Bank of Atlanta Federal Reserve Bank of New York Federal Reserve Board FINSIGHT Freddie Mac Moody’s CRE Morningstar DBRS MSCI Real Capital Analytics Nareit National Apartment Association National Association of Home Builders National Low Income Housing Coalition National Multifamily Home Council Novogradac Trepp U.S. Bureau of Economic Analysis U.S. Bureau of Labor Statistics U.S. Census Bureau U.S. Department of Housing and Urban Development (HUD) Zillow

Current Reports

Affordable Housing Trends Report 2026

Arbor Realty Trust’s Affordable Housing Trends Report, developed in partnership with Chandan Economics, explores a year marked by one of the most significant policy shifts in decades, with consequential developments in both the marketplace and the political arena. Our annual report finds that although affordability continues to present challenges, this year’s new initiatives are set to rebuild tomorrow’s pipeline.

Articles

HUD Expands FHA Financing Eligibility to Qualifying BTR Projects

The U.S. Department of Housing and Urban Development (HUD) recently announced a significant policy change that expands Federal Housing Administration (FHA) mortgage insurance eligibility to qualifying build-to-rent (BTR) communities. Effective immediately, professionally managed rental developments consisting of detached single-family homes, duplexes, and triplexes are eligible for FHA-insured financing under the same general framework as traditional multifamily properties.

Articles

Financing a Build-to-Rent Community Through Construction, Lease-Up, and Stabilization

Single-family rentals (SFR) now house 41% of the U.S. renter population, according to Rentometer Mid-Year Report 2025: National Trends in Single-Family Rental Markets. Arbor provides investors with short-term and long-term SFR financing to meet this growing demand. Whether a sponsor is developing a build-to-rent (BTR) community, holding an SFR portfolio long-term, or acquiring assets to rehab, Arbor finances build-to-rent (BTR) communities across construction, lease-up, and stabilization under one lender relationship, backed by the strength of an $802 million BTR collateralized loan obligation Arbor closed in May 2025.

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Annette Givelekian

Managing Director, Human Resources
Annette

Annette Givelekian leads the firm’s human capital strategy and oversees all aspects of human resources. She is responsible for advancing organizational effectiveness, strengthening employee engagement, and aligning talent initiatives with the firm’s long-term business objectives.

With over three decades of experience, Ms. Givelekian is fully versed in all facets of human resources. She brings extensive expertise in performance management, employee relations, compensation, and leadership development, and has a proven track record of fostering high-performing, values-driven organizations. She also has deep specialization in design, administration, and governance of 401(k) and 409A compensation plans, ensuring regulatory compliance and alignment with broader business strategy.

Since joining Arbor in 1998, Ms. Givelekian has held a series of senior roles and has been instrumental in the company’s growth and evolution. She has played a key role in shaping Arbor’s culture and enhancing the overall employee experience. Prior to Arbor, Ms. Givelekian held human resources positions with several New York-based organizations, including MMT Sales, Inc., Sara Lee Bodywear, and Leveraged Technology, Inc.

Ms. Givelekian holds a Bachelor of Arts in Psychology from Stony Brook University and a Master of Business Administration from Adelphi University, where she graduated summa cum laude.

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