Arbor Appoints Patrick Brady as an Originator in Boston Office
UNIONDALE, NY (June 9, 2014) – Arbor Commercial Mortgage, LLC (“Arbor”) today announced the appointment of Patrick Brady as Originator. A native of Middleboro, MA, and a current resident of Quincy, MA, Mr. Brady is responsible for originating multifamily loans nationwide utilizing Arbor’s entire product line, including FHA, Fannie Mae, Freddie Mac, CMBS, Bridge, Mezzanine and Preferred Equity. He is based in the company’s Boston, MA, office and reports to Ken Fazio, Senior Vice President, National Production Manager.
Mr. Brady joined Arbor in 2010 as an underwriter. In that role he handled the processing and underwriting of Fannie Mae DUS loans on multifamily properties nationwide. He was also responsible for full credit underwriting of borrowers, collection and analysis of due diligence and presentations to the Loan Committee.
Prior to joining Arbor, Mr. Brady served as an analyst for The Claremont Companies where he performed such duties as cash flow modeling, analysis of due diligence and managing an existing real estate portfolio. He was also responsible for evaluating more than $1 billion of potential acquisitions.
Mr. Brady graduated with honors from Bridgewater State University and holds a B.S. in Accounting and Finance.
Founded by Chairman and CEO Ivan Kaufman, Arbor Commercial Mortgage, LLC and Arbor Commercial Funding, LLC are national direct lenders specializing in loan origination and servicing for multifamily and other diverse commercial real estate assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender, a Freddie Mac Program Plus® Seller/Servicer, an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, Bridge and Mezzanine lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of more than $10 billion, Arbor is a primary commercial loan servicer and special servicer rated by Fitch Ratings and Standard & Poor’s and holds an Above Average rating from Standard & Poor’s. Arbor is also on the Standard & Poor’s Select Servicer List.
Arbor Realty Trust, Inc. is a real estate investment trust that invests in a diversified portfolio of multifamily and commercial real estate-related bridge and mezzanine loans, preferred equity investments, mortgage-related securities and other real estate related assets. Arbor commenced operations in July of 2003 and conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership and its subsidiaries. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company specializing in debt and equity financing for multifamily and commercial real estate. For more information about Arbor, visit www.arbor.com.