Press Releases

Arbor’s Servicer Ratings Affirmed and Positive Outlook Rating Assigned by Fitch

Fitch Ratings Recognizes Arbor’s Commitment to Excellence and Innovation Arbor Realty Trust (NYSE:ABR) NEW YORK, NEW YORK – November 29, 2023: Fitch Ratings has reaffirmed Arbor Multifamily Lending, LLC’s (Arbor) commercial primary and special servicer ratings, further solidifying Arbor’s position as a trusted partner in the multifamily lending industry. Concurrently, they have assigned a Positive Outlook to each rating, reflecting an unwavering commitment to excellence and innovation. Commercial primary servicer rating at ‘CPS2’; Outlook Positive; Commercial special servicer rating at ‘CSS3+’; Outlook Positive. “The assignment of the Positive Outlook reflects Fitch’s 12–24 month view on the trajectory of Arbor’s primary servicer rating, noting that as the new borrower website is fully realized and deployed and turnover within the primary servicing function continues to stabilize, positive rating movement is possible.” – Fitch Ratings Read more from Fitch about the key rating drivers behind this announcement. Direct inquiries to [email protected]. About Arbor 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 Read the full article…

Articles

Video: Special Report Fall 2023 Key Takeaways

In this video, Dr. Sam Chandan, Founding Director of the C.H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business and non-executive chairman of Chandan Economics, details the key takeaways of Arbor’s Special Report Fall 2023, which he co-authored with Ivan Kaufman, Chairman and CEO of Arbor Realty Trust.

Articles

FHFA Loan Caps for 2024: What Multifamily Borrowers Need to Know

The Federal Housing Finance Agency (FHFA) announced a $10 billion rollback of Fannie Mae and Freddie Mac’s volume cap for loan purchases for 2023 to $140 billion ($70 billion for each agency). This move aligns with industry expectations, given the anticipation of continued headwinds for the multifamily in 2024. Next year’s cap for the Government-Sponsored Entities (GSEs) is a reduction of approximately 7% from the $150 billion limit set for 2023 and a return to the level it was in 2021.

Current Reports

Affordable Housing Trends Report Fall 2023

With the cost of living climbing, the need for affordable housing has become more urgent. Although demand continues to outpace available supply, multifamily investment in affordable housing is fortified by Low-Income Housing Tax Credits (LIHTC), Project-Based Section 8, and the Housing Choice Voucher (HCV) programs. Arbor’s Affordable Housing Trends Report Fall 2023, developed in partnership with Chandan Economics, examines the supply-driven programs and policies designed to improve supply at a point in time when federal gridlock has stalled many funding increases.

Current Reports

Small Multifamily Investment Trends Report Q4 2023

Arbor’s Small Multifamily Investment Trends Report Q4 2023, developed in partnership with Chandan Economics, is a snapshot of a strong and resilient subsector continuing to navigate ongoing market dislocation. The report shows that distress has remained limited, even with valuations and measures of risk pricing in flux. As conditions start to stabilize, there are signs that deal activity is picking up.

GENERAL: 800.ARBOR.10

Arbor Funds $45M in Single-Family Rental Portfolio Loans Across Seven States

UNIONDALE, NY (July 7, 2021) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading residential and commercial mortgage lender, recently closed nine transactions under its Single-Family Rental Portfolio (SFR) lending platform. The loan proceeds were used to finance acquisitions, construction and recapitalizations across seven states.

Since its launch, Arbor’s Single-Family Rental Portfolio Platform has been a key area of focus and growth for the company. Through the lending platform, Arbor has been able to capture the rapid increase in demand for SFR properties. Offering both short-term and permanent financing products, Arbor’s platform has funded new development, transitional and stabilized SFR portfolio transactions.

“We believe the single-family rental space is as big as the multifamily lending market and is a phenomenal business with enormous opportunities in the bridge, permanent lending and build-to-rent products,” said Ivan Kaufman, Chairman and CEO of Arbor Realty Trust. “We made considerable progress in growing out this platform and are committed to being a leader in the space. We are very pleased with the significant growth we are seeing in our pipeline of opportunity by leveraging off of our existing originations capacity and capabilities.”

Recent SFR transaction details:

New Development in McKinney, TX – Arbor provided $19.3M in build-to-rent construction financing for this 136-unit community. In addition to single-family residences, the community features 1-, 2- and 3-bedroom duplexes and will offer multiple amenities and services to its residents. Brian Scharf of Arbor’s Uniondale, NY office originated the loan.

Portfolio across Phoenix, Glendale and Scottsdale, AZ – Arbor provided a $5.8M term loan to refinance this 17-unit SFR portfolio. The detached single-family properties are situated in Phoenix, Glendale and Scottsdale, AZ. Eric Regenbogen of Arbor’s Uniondale, NY office originated the loan.

Portfolio in Jacksonville, FL – Arbor provided a $4.5M term loan to refinance this 75-unit SFR portfolio. The detached single-family homes are spread across multiple neighborhoods in Jacksonville, FL. Geoffrey Platt of Arbor’s New York City office originated the loan.

Portfolio in Memphis, TN – Arbor provided a $3.7M term loan to refinance this 31-unit SFR portfolio. The portfolio is situated in and around the Springhill neighborhood located northeast of downtown Memphis. Geoffrey Platt of Arbor’s New York City office originated the loan.

Portfolio in New Haven, CT – Arbor provided a $3.2M term loan to refinance this 37-unit SFR portfolio. The properties are located within walking distance of downtown New Haven and Yale University’s campus. Robert Mendeles of Arbor’s Englewood Cliffs, NJ office originated the loan.

Portfolio across CA, UT and TX – Arbor provided a $2.5M term loan to refinance this 24-unit portfolio located across Palmdale, CA, Houston, TX, and Salt Lake City, UT. Derek Kirma of Arbor’s San Diego, CA office originated the loan.

Portfolio in Nashville, TN – Arbor provided a $2.2M bridge loan to finance a 20-unit portfolio located in East Nashville. Samuel Schwass of Arbor’s Depew, NY office originated the loan.

Portfolio in New Haven, CT – Arbor provided a $2.1M term loan to refinance this 20-unit SFR portfolio. The properties are located in and around the Newhallville neighborhood, approximately two miles north of downtown New Haven. Robert Mendeles of Arbor’s Englewood Cliffs, NJ office originated the loan.

Portfolio in Groton, CT – Arbor provided a $1.7M term loan to refinance this 26-unit portfolio situated on the Thames River in Groton, CT. Geoffrey Platt 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.