Arbor Bolsters FHA Lending Platform with Two New Senior Executives
UNIONDALE, NY (May 10, 2016) – Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, today announced the enhancement of its HUD/FHA Lending Group with the appointment of two highly tenured FHA executives in Jeffrey Allshouse, Senior Vice President of FHA Sales; and Jeffrey Ross, Senior Vice President and Chief Underwriter. Both Mr. Allshouse and Mr. Ross will report directly to John Caulfield, Arbor’s Chief Operating Officer.
With more than 30 years of commercial mortgage originations experience, Mr. Allshouse will be responsible for growing Arbor’s nationwide HUD/FHA loan originations platform. Prior to joining Arbor, Mr. Allshouse held senior leadership positions at Prudential Mortgage Capital’s HUD multifamily/healthcare lending unit. More recently, he spearheaded HUD-insured hospital originations at Wells Fargo Multifamily Capital, engaging the firm’s first HUD 242/223f transaction. All told, in his career, Mr. Allshouse has generated more than $1 billion worth of direct loan originations and $2 billion worth of FHA originations.
Mr. Allshouse, who will be based out of Arbor’s Atlanta, GA office, earned his Master of Business Administration degree in Real Estate and Construction Management from the University of Denver and his Bachelor of Business Administration degree in Finance from the University of Michigan.
A 30-year commercial real estate expert, Mr. Ross will be responsible for managing Arbor’s FHA multifamily, seniors housing and healthcare operational staff for Multifamily Accelerated Processing (MAP) and LEAN (seniors housing/healthcare) loan production. He will also supervise the coordination of the Arbor FHA multifamily, seniors housing and healthcare underwriting strategy and the integration of Arbor’s Bridge-to-HUD loan program. Prior to joining Arbor, Mr. Ross worked for Wells Fargo Multifamily Capital, where he was most recently the Director of FHA Screening. Prior to Wells Fargo, he was the Chief Operating Officer and Chief Underwriter for Great Lakes Financial Group, a commercial mortgage lender specializing in FHA and Freddie Mac financing.
Mr. Ross, who will be based out of Arbor’s Cleveland, OH, office, received his Master of Business Administration degree from Baldwin-Wallace College and received his Bachelor of Science degree in Business Administration from John Carroll University.
About Us
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, seniors housing, healthcare and other diverse commercial real estate assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender by volume and a Top Fannie Mae Small Loan lender, a Freddie Mac Program Plus® Seller/Servicer and the 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 as well as a CMBS, Bridge, Mezzanine and Preferred Equity lender, consistently building on its reputation for service, quality and flexibility. Arbor also offers Arbor LoanExpress, an online loan origination and processing platform designed to make multifamily financing easier and quicker for borrowers, brokers and correspondent lenders. With a current servicing portfolio of more than $13 billion, 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.
Arbor Commercial Mortgage, LLC also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in mortgage-related securities, real estate-related bridge, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, with full-service lending offices throughout the United States. For more information about Arbor, visit www.arbor.com.