Arbor Announces the Appointment of David Galst in CA Office
UNIONDALE, NY (July 19, 2018) – Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare, and other diverse commercial real estate assets, is pleased to announce that David Galst has joined Arbor as Vice President, Originations. Mr. Galst will be responsible for originating Fannie Mae, Freddie Mac, FHA, CMBS, Bridge, Mezzanine, and Preferred Equity loan transactions nationwide. He is based out of Arbor’s Century City, CA office and reports directly to Frank Lutz, Executive Vice President, Chief Production Officer.
With over 25 years of industry experience, Mr. Galst has extensive expertise delivering client-specific financing across all agency platforms. “We are pleased to have David join the Arbor team,” said Mr. Lutz. “David brings deep, industry-leading experience and we look forward to his contributions in helping Arbor expand our product offerings to our growing client base.”
Prior to joining the company, Mr. Galst spent the last eight years with Wells Fargo in its Business Banking Group. In his most recent role as Principle Real Estate Industry Specialist, he originated and underwrote commercial real estate investor loans for various property types, while managing a sizeable portfolio. Previously, he held several positions as Vice President with Preferred Bank, Union Bank of California, and Commercial Bank.
Mr. Galst holds a Bachelor of Business Administration in Finance from The George Washington University.
For over 20 years, Uniondale, NY-based Arbor Realty Trust, Inc. (NYSE:ABR) has been helping multifamily and commercial real estate clients achieve their financial goals by focusing on growing long-term relationships and conducting business as not simply another real estate lender, but a partner. We value our clients to such an extent that we are more comfortable calling them partners, and their relationships with Arbor are the foundation of our business.
Founded by Chairman and CEO Ivan Kaufman, Arbor Realty Trust, Inc. is a real estate investment trust and direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender by volume; a Top Fannie Mae Small Loan Lender; a Freddie Mac Seller/Servicer and a Top Freddie Mac Small Balance Loan Lender; a Fannie Mae and Freddie Mac Seniors Housing Lender; an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender; a HUD-approved LIHTC Lender; and a CMBS, Bridge, Mezzanine and Preferred Equity lender, consistently building on its reputation for service, quality and flexibility. With a multibillion-dollar servicing portfolio, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s with an Above Average rating. Arbor is also on the Standard & Poor’s Select Servicer List and is a primary commercial loan servicer and loan level special servicer rated by Fitch Ratings.
David Galst — VP, Operations