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.

Articles

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.

Thank You – Stay Updated

Thank you for signing up! Success is Rooted in Research, and as a subscriber, you’ll receive our industry-leading content that draws on our team’s decades of experience as a top multifamily lender and collaboration with our highly respected research partner, Chandan Economics.    

GENERAL: 800.ARBOR.10

Arbor Funds Multifamily Loans Totaling $30.1M in CT and GA

UNIONDALE, NY (December 2, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded 12 transactions in CT and GA in partnership with Netz Capital Management and Tower Funding. The properties, comprised of 402 units, received $30.1M in financing.

Robert Mendeles of Arbor’s Englewood Cliffs office originated the loans.

“Arbor excels at creating long-lasting relationships because we understand our clients and their financial needs,” Mendeles said. “For nearly a decade we have partnered with Netz Capital Management and Tower Funding, providing innovative solutions across multiple product lines. These transactions exemplify our continued ability to deliver for our valued clients year after year.”

HIGHLIGHTS OF TRANSACTIONS

Eight properties in New Haven, CT, received funding through the Fannie Mae DUS® Small Loan program:

Boulevard Apartments received $1.9M in refinancing in the second quarter of 2020. The recently renovated complex features 24 units with spacious floorplans and hardwood floors. Retail shopping and entertainment are in close proximity.

215 Fairfield Street received $1.4M in refinancing in the second quarter of 2020. Located about three miles from downtown New Haven, the 16-unit complex is near to Southern Connecticut State University and West Rock Nature Center.

1445 Ella T. Grasso Blvd. received $877,000 in refinancing in the second quarter of 2020. The multifamily property is made up of 14 units with hardwood floors and plenty of closet space. A variety of restaurants and retails shops are within walking distance.

36 Derby Ave. received $1.1M in refinancing in the second quarter of 2020. The recently renovated Victorian-themed complex features 20, one-bedroom units with ample closet and storage space. Yale University is just two miles away.

T&G Investments Portfolio received $2.1M in refinancing in the second quarter of 2020. The 47-unit property features spacious one-bedroom floorplans with hardwood floors. Dining, entertainment and Yale University are nearby.

T&G Apartments Portfolio received $2.3M in refinancing in the third quarter of 2020. The multifamily complex includes 38 units with hardwood floors. It is conveniently located near parks, grocery stores, public transportation and other amenities.

1523 Chapel Street received $3.2M in refinancing in the third quarter of 2020. The 45-unit property features two-bedroom units with high ceilings, hardwood floors, granite kitchen countertops and stainless steel appliances. Barnard Nature Center at West River Memorial Park is within walking distance.

141 Sheffield Ave. received $2.3M in refinancing in the fourth quarter of 2020. The recently renovated multifamily complex includes 28 units with stainless steel appliances, ample storage space and gated private parking. Albert Magnus College is a few blocks away.

One property in Marietta, GA, received refinancing through the Fannie Mae DUS® Loan program:

Balfour Marietta received $8.7M in the second quarter 2020. The secluded 98-unit property is recently renovated and features modern flooring, new kitchen appliances and quartz countertops. Retail shopping is nearby.

Two additional properties in New Haven, CT, received funding through the Single-Family Rental Portfolio program:

11 Willis Street received $2.1M in refinancing in the third quarter of 2020. The 20-unit property is conveniently located to Downtown New Haven, Yale and local hospitals.

111 Bristol Street received $3.1M in refinancing in the fourth quarter of 2020. The 37-unit pet-friendly property features one- and two-bedroom apartments with hardwood floors and large closets. Retail shopping is nearby.

Another property in New Haven, CT, received refinancing through the Freddie Mac SBL program:

119 Blake Street received $1.1M in the third quarter of 2020. The multifamily complex includes 15 units with one to four bedroom floorplans. Retail shopping and the commuter rail are a short driving distance away.

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

Boulevard Apartments – New Haven, CT

Property Image

215 Fairfield Street – New Haven, CT

Property Image

Ella T Grasso Blvd. – New Haven, CT

Property Image

Balfour Marietta – Marietta, GA

Originator

Robert Mendeles – Originator