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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 $143M in Bridge Loans Across GA, NC and TX

UNIONDALE, NY (April 13, 2021) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently closed several bridge transactions totaling $143M. The loans, spanning across GA, NC and TX, consist of refinance, acquisition and new construction executions.

Over the last year, Arbor Bridge Loans have become an attractive financing option for borrowers looking for short-term debt until they are ready to transition to a permanent loan.

“There are a variety of financing options today for multifamily investors, with institutions like Fannie Mae, Freddie Mac and FHA providing what many believe are the best available products,” said Ivan Kaufman, Chairman and CEO of Arbor Realty Trust. “With the resilience of the multifamily sector of the commercial real estate market, alternative financing options have emerged, serving more specialized needs, including critical interim financing. For those needs, quite often, the right product is a bridge loan.”

Gianni Ottaviano, Managing Director of Structured Finance Production adds, “Whether you are looking to acquire a newly built asset that requires time to stabilize, to execute a significant repositioning, or refinance a construction loan giving the borrower time to lease up, our interest-only, prepayable bridge loans are designed to provide flexibility and a seamless transition to one of Arbor’s various permanent financing options.”

Here are some highlights of the recently closed bridge transactions:

Grace Park in Morrisville, NC – Arbor provided a $25.5M bridge loan to refinance this mixed-use community was constructed in 2007. The property offers modern apartments located above retail shops. Restaurants, pharmacies, grocery stores, nightlife, gyms and other services are all within walking distance or on-site. Brian Scharf of Arbor’s Uniondale office originated the loan.

Vintage at College Station in College Station, TX – Arbor provided $10M in acquisition financing. The 200-unit, newly remodeled property features stainless steel appliances, granite countertops, wood flooring and spacious walk-in closets. The pet-friendly complex includes cat and dog parks, a picnic area and cabana. Stephen York of Arbor’s New York City office originated the loan.

The Meadows at Bloomingdale in Bloomingdale, GA – Arbor provided a $23M acquisition loan for this 200-unit multifamily property comprising two-bedroom, two-bathroom apartment homes with hardwood floors. Other amenities include a resort-style pool and fitness center. Public transportation is nearby. Alexander Kaushansky of Arbor’s New York City office originated the loan.

PARC at 505 in Houston, TX – Arbor provided $30M in acquisition financing. The 486-unit multifamily property offers one-, two-, and three-bedroom apartment homes, lofts, flats and townhomes. The complex features wood burning fireplaces, French doors with private patios, spacious kitchens, private balconies and outside storage. Alexander Kaushansky of Arbor’s New York City office originated the loan.

The Eddy at River Landing in Smyrna, GA – Arbor provided $54.5M in acquisition financing for a newly build multifamily property. Built in 2019, the 310-unit property is nestled along the Chattahoochee River and includes one-, two- and three-bedroom floorplans with granite countertops, stainless steel appliances and eat-in kitchens. Retail shopping is nearby. Alexander Kaushansky of Arbor’s New York City office originated the loan.

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, 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 leading Fannie Mae DUS® lender, Freddie Mac Optigo® Seller/Servicer, and an approved FHA Multifamily Accelerated Processing (MAP) lender. Arbor’s product platform also includes bridge, CMBS, 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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Grace Park – Morrisville, NC

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The Eddy at River Landing – Smyrna, GA