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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 $200M in Multifamily Deals Across South & Midwest

UNIONDALE, NY (Aug. 25, 2015) – Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of 21 loans totaling $200,315,900 across Texas, Arkansas, Tennessee, Alabama and Ohio under the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS® Multifamily Affordable Housing, Fannie Mae DUS® Small Loan, CMBS and Arbor Reality Trust’s Bridge and Mezzanine programs.

Matt Norman, Vice President in Arbor’s Dallas, TX, office, originated all of the loans. “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,” Norman said. “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 and Midwest.”

·         Stafford Oaks Apartments, Stafford, TX – This 175-until multifamily property received $11,000,000 funded under the Fannies Mae DUS product line. The 10-year refinance loan amortizes over a 30-year schedule.

·         Clear Lake Falls, Webster, TX – This 90-unit multifamily property received $4,836,000 funded under the Freddie Mac Small Balance Loan product line. The seven-year refinance loan amortizes on a 30-year schedule.

·         Fox Bend Apartments, Garland, TX – This 100-unit multifamily property received $4,000,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

·         Pioneer House and Executive Apartments, Irving, TX – This 146-unit multifamily property received $3,830,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Multifamily Property, Houston, TX – This multifamily property received $47,000,000 funded under the CMBS Loan product line, as well as $3,000,000 funded under the Arbor Reality Trust Mezzanine Loan product line for refinance. Both are co-term, 10-year loans.

·         Santa Barbara Apartments, Houston, TX – This 176-unit multifamily property received $2,580,000 funded under the Fannie Mae Affordable Housing product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Southside Village Apartments, Brownwood, TX – This 104-unit multifamily property received $1,850,000 funded under the Fannie Mae DUS Small Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule.

·         Ashford Pointe, Houston, TX – This 224-unit multifamily property received $1,800,000 funded under the Fannie Mae DUS Supplemental Loan product line. The seven-year loan amortizes on a 30-year schedule.

·         Alexander Lane Apartments, Euless, TX – This 39-unit multifamily property received $1,525,000 funded under the Fannie Mae DUS Small Loan product line. The 12-year refinance loan amortizes on a 30-year schedule.

·         Bayou Villa Apartments, La Porte, TX – This 56-unit multifamily property received $1,475,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Multifamily Property, Irving, TX – This 450-plus-unit multifamily property received $23,380,000 for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line.

·         Multifamily Property, Houston, TX – This multifamily property received $22,995,000 funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 30-year schedule, and was used to retire a $16,500,000 Arbor Reality Trust Bridge Loan.

·         Multifamily Property, Houston, TX – This multifamily property received $29,700,000 for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line.

·         Multifamily Property, Galveston, TX – This multifamily property received $15,900,000 for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line.

·         Multifamily Property, Bryan, TX – This 248-unit multifamily property received $6,500,000 for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line.

·         Multifamily Property, Canton, OH – This multifamily property received $3,955,500 funded under the Fannie Mae Affordable Housing product line. The seven-year refinance loan amortizes on a 30-year schedule.

·         Springdale Apartments, Springdale, AR – This 102-unit multifamily property received $2,300,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Crutcher Apartments, Springdale, AR– This 97-unit multifamily property received $2,156,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Powell Apartments, Springdale, AR – This 52-unit multifamily property received $900,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

·         Avery Park Apartments, Memphis, TN – This 231-unit multifamily property received $4,870,900 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule, and was used to retire an Arbor Bridge loan.

·         Lake Forest Apartments, Daphne, AL – This 128-unit multifamily property received $4,762,500 funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 36-year schedule.

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 Fannie Mae Seniors Housing Lender, a Freddie Mac Program Plus® Seller/Servicer, Seniors Housing and Small Balance Loan 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.