Articles

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.

Articles

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.

Analysis

Top U.S. Multifamily Rent Growth Markets — Q3 2023

Multifamily rent growth in the U.S. continued to be distributed throughout a variety of markets, which contrasted with the previous two years when Sun Belt markets dominated the list.

Fannie Mae Sponsor-Dedicated Workforce (SDW) Housing

FANNIE MAE® Workforce Housing Social Impact Financing: Sponsor-Dedicated Workforce Housing (SDW) V103123

Fannie Mae Sponsor-Initiated Affordability (SIA) Workforce Housing

FANNIE MAE® Workforce Housing: Sponsor-Initiated Affordability (SIA) V103123

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.

Analysis

U.S. Multifamily Market Snapshot — Q3 2023

The U.S. multifamily market held steady during the third quarter of 2023, as high mortgage rates and a lack of inventory in the housing market continued to drive rental demand.

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Home | Originations Team | Geoffrey Platt

Geoffrey Platt

Senior Vice President, Sales

Geoffrey Platt joined Arbor in 2010 and is responsible for originating FNMA, Freddie Mac, HUD, SFR Portfolios, CMBS, Private Label and Bridge loans.

Prior to joining Arbor, Mr. Platt was a Real Estate Assistant Manager at Pomander Associates LLC, a family-based real estate business. During his tenure, he identified acquisition opportunities, developed post-acquisition profit improvement strategies and repositioned underperforming assets. Previous to that position, Mr. Platt spent several years at Bear Stearns & Co., holding multiple management trainee positions within Fixed Income Trade Support, Derivatives Client Servicing, and Prime Broker Trade Support.

Mr. Platt earned a Master of Science in Real Estate from New York University and a Bachelor of Arts in Economics from Brandeis University.

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