Articles

Government Shutdown: What Multifamily Borrowers Need to Know

Unless an 11th-hour agreement is reached, a Congressional impasse will trigger the first partial U.S. government shutdown in four years. Starting October 1, 2023, many non-essential federal government operations will be limited or suspended. Agency lending, however, will not be interrupted, and there is no cause for concern. Borrowers should anticipate some inconveniences, such as processing and closing delays.

Articles

Understanding the Impact of Wildfires on Rental Property Insurance

From California to Maui, the frequency and scope of wildfire events are rising, causing insurance markets and public agencies to reevaluate property in areas at risk for catastrophic damage. As a result, rental housing providers are seeing greater limitations to coverage, higher premium prices, and, in some cases, a total absence of viable private insurance — a trend detailed in the NMHC 2023 State of Multifamily Risk Survey and Report. This troubling new trend has placed many rental housing operators in a bind where they must simultaneously contend with the declining availability and affordability of insurance options.

Articles

Five Advantages of FHA Multifamily Construction Loans

In the last three years, multifamily construction has reached levels not seen since the 1980s, supported, in part, by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) loans. If you are exploring the acquisition, refinancing, rehabilitation, or new construction of conventional multifamily, affordable housing, seniors housing, or a healthcare facility, consider FHA multifamily construction loans, a stable financing option with excellent terms and many other attractive advantages.

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Where are Single-Family Rental (SFR) Rents Rising the Fastest?

While the single-family rental (SFR) sector’s rent growth averages have retreated from record highs, structural tailwinds are keeping price growth positive — both nationally and in major SFR markets. In this research brief, Chandan Economics and Arbor Realty Trust analyze DBRS Morningstar data, which covers the top 20 MSAs by SFR activity, to discover the metropolitan areas where SFR rent growth is the hottest right now.

Articles

Fannie Mae Small Loans Cap Raised to $9 Million

Fannie Mae recently announced that its Small Loan cap has increased from $6 million to $9 million for all loans committed as of August 22, 2023. Multifamily borrowers and lenders have praised the change to the Fannie Mae Small Loans program, which will encourage greater investment in a rapidly growing sector where demand remains high despite market volatility.

Articles

The Top Five Emerging Metros for Retiree Relocation

As Baby Boomers reach retirement age, their evolving geographic preferences are strengthening housing markets and local economies in new locations, which feature attractive climates, relative affordability, and ample outdoor activities. With swelling populations of senior citizens, our top five emerging metropolitan areas for retiree relocation are fertile ground for multifamily real estate investment.

GENERAL: 800.ARBOR.10

Arbor Funds $13.1M Fannie Mae DUS® Small Loans Across the U.S.

UNIONDALE, NY (December 14, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently financed transactions for five mobile home communities across the U.S. The properties, consisting of 470 units, were funded through the Fannie Mae DUS® Small Loan program.

Austin Walker of Arbor’s New York City office originated the loans.

“Arbor is dominant player in the financing of manufactured housing communities. These transactions require a great deal of attention to detail as the execution is highly specialized,” Walker said. “Our long-standing, trusted partnership with Fannie Mae allows us to tailor custom solutions to deliver best in class terms for our borrowers’ community financing needs.”

Welcome Creek Mobile Home Park in Greenville, SC, received $3M in the third quarter of 2020. The 138-unit property is conveniently located near shopping and restaurants in downtown Greenville.

Greenville Mobile Home Park in Taylors, SC, received $4M in the third quarter of 2020. Built in 1955, the 161-unit property is within walking distance to Eastside High School.

North Star Mobile Home Community in Fort Collins, CO, received $2.7M in the fourth quarter of 2020. Built in 1946, the 57-unit property in near to retail shopping, Fort Collins Museum of Discovery and Colorado State University.

Town and Country Mobile Estates in Klamath Falls, OR, received $1.3M in the third quarter of 2020. The community was built in 1978 and is made up of 50 units. Mazama High School is less than a mile away.

Laurelwood Valley in Federal Way, WA, received $2.1M in the fourth quarter of 2020. Built in 1988, the 64-unit property is a short driving distance away from the commuter rail, retail shopping and Highline Community College.

About Us
Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare and other diverse commercial real estate assets. Headquartered in Uniondale, New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a Fannie Mae DUS® lender and Freddie Mac Optigo® Seller/Servicer. Arbor’s product platform also includes CMBS, bridge, mezzanine and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.

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Laurelwood Valley – Federal Way, WA

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Greenville Mobile Home Park – Taylors, SC

Originator

Austin Walker – Originations