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How Big is Small Cap Multifamily?

A closer look at the multifamily housing inventory in the United States and the size of the small cap investment opportunity.

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Multifamily Forecast: Investors Moving to Secondary Markets

The apartment sector has remained the darling of the commercial real estate for the past six years. This doesn’t appear to be changing anytime soon, as 2016 is expected to set a new record for multifamily mortgage origination volume. While multifamily’s position as top dog remains uncontested, savvy investors are altering their strategy for sourcing Read the full article…

GENERAL: 800.ARBOR.10

Arbor Funds $101M in Multifamily Deals Across South & Other Regions

UNIONDALE, NY (Sept. 15, 2015) – Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of 21 loans totaling $100,946,800 across Alabama, Texas, North Carolina, Florida, Georgia, South Carolina, Michigan and New York under the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS Multifamily Affordable Housing, Fannie Mae DUS Small Loan, Fannie Mae DUS ARM, Fannie Mae DUS Student Housing Loan, Freddie Mac Loan, Freddie Mac Small Balance Loan and Arbor Realty Trust’s Bridge programs.

Alex Kaushansky, Vice President in Arbor’s New York City office, originated all of the loans. “Arbor has the nationwide expertise that’s required to meet borrower demands no matter where they do business, including the thriving multifamily markets found across the South,” Kaushansky said. “As demonstrated by this collection of loans, Arbor is providing investors the personal service and customized loan products they need to take advantage of today’s strong multifamily market conditions.”

·         Sutton Place Apartments, Corpus Christi, TX – This 201-unit multifamily property received $10,750,000 funded under the Fannie Mae DUS Loan product line. The 12-year refinance loan amortizes on a 30-year schedule.

·         Prairie Estates Townhomes, Grand Prairie, TX – This 160-unit multifamily property received $8,400,000 funded under the Fannie Mae DUS Affordable Housing product line. The 10-year refinance loan amortizes on a 30-year schedule.

·         Fox Creek Apartments, Carrollton TX – This 172-unit multifamily property received $7,090,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         La Ventana Apartments, Dallas, TX – This 87-unit multifamily property received $2,500,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 10-year schedule.

·         Broadway Square Apartments, Houston, TX – This 2,470-unit multifamily property received $1,500,000 funded under the Fannie Mae Small Loan product line. The seven-year acquisition loan amortizes on a 25-year schedule.

·         Sunriser Apartments, Sunrise, FL – This 77-unit multifamily property received $3,850,000 funded under the Fannie Mae DUS Loan product line. The 10-year loan amortizes on a 30-year schedule.

·         Casa Del Toro, Tampa, FL – This multifamily property received $3,481,400 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Riverside Apartments, Fort Lauderdale, FL – This 32-unit multifamily property received $2,325,000 funded under the Freddie Mac Small Loan product line. The 10-year acquisition loan amortizes on a 10-year schedule.

·         Boca Raton Apartments, Boca Raton, FL – This multifamily property received $1,167,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Reserve at Cavalier, Greenville, SC – This 152-unit multifamily property received $5,685,600 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Hampton Forest Apartments, Greenville, SC – This 152-unit multifamily property received $4,420,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         University Commons, Greenwood, SC – This 106-unit multifamily property received $3,148,000 funded under the Fannie Mae DUS Student Housing Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. The property serves Lander University students.

·         Timberchase Apartments, Birmingham, AL – This 94-unit multifamily property received $3,975,800 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Eagle Point Apartments, Hueytown, AL – This 68-unit multifamily property received $1,894,000 funded under the Freddie Mac Small Loan product line. The 10-year refinance loan amortizes on a 10-year schedule.

·         Alexander Court Apartments, Dothan, AL – This multifamily property received $1,600,000 funded under the Fannie Mae Affordable Housing product line. The seven-year refinance loan amortizes on a 30-year schedule.

·         Timberland Apartments, Savannah, GA – This 176-unit multifamily property received $8,920,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Edgewater Trace Apartments, Savannah, GA– This 159-unit multifamily property received $8,240,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Multifamily Property, Binghamton, NY – This 716-unit multifamily property received $12,200,000 funded under Arbor Realty Trust’s Bridge product line.

·         Somerset Apartments, Charlotte, NC – This 240-unit multifamily property received $5,785,000 funded under the Fannie Mae DUS ARM Loan product line. The seven-year refinance loan amortizes on a 30-year schedule.

·         Campus Apartments, Columbus, OH – This 54-unit multifamily property received $2,835,000 funded under the Fannie Mae DUS Student Housing Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. The property serves Ohio State University students.

·         Woodland Square Apartments, Pontiac, MI – This multifamily property received $1,000,000 funded under the Freddie Mac Small Loan product line. The 10-year refinance loan includes full-term interest only.

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 and the Top Fannie Mae Small Loan lender by volume, a Freddie Mac Program Plus® Seller/Servicer and 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 and Mezzanine lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of more than $11 billion, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s and holds an Above Average rating from Standard & Poor’s. 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.