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Welcome to Chatter! We’re happy to be your source for multifamily news, research and insight. Bookmark us and be sure to sign up for our weekly newsletter to stay on top of all things financing and investment for the multifamily industry. We also invite you to follow us on Twitter. What is Chatter? So what Read the full article…

Research

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.

Around the Web

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 a $25M Fannie Mae DUS® Green Rewards Loan in Los Angeles, CA

UNIONDALE, NY (February 12, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae DUS® Green Rewards loan in Los Angeles, CA. The transaction was structured to provide $25M refinance cash-out for a seven-year term with five years of interest only.

Garth Davis of Arbor’s San Francisco office originated the deal.

“This transaction was not typical for us as the majority of units were furnished, making it challenging to secure the right solution,” said Davis. “Our sponsor’s record and experience in this space, combined with Arbor’s expertise and strong relationship with Fannie Mae, allowed us to obtain the Green Rewards qualification and secure the rates and terms that best addressed the client’s needs.”

Built in 1976 and renovated in 2015, 888 Hilgard Avenue is an attractive complex with hardwood floors, vaulted ceilings, fireplaces, granite countertops and stainless steel appliances. This pet-friendly property offers a fitness center; gated parking garage; and bicycles for residents’ enjoyment. There’s also easy access to various gardens, museums and parks.

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.

Property Image

888 Hilgard Avenue

Originator

Garth Davis – SVP, Western Regional Director