Arbor Named Top Freddie Mac Small Balance Lender 2nd Straight Year
UNIONDALE, NY (Feb. 21, 2017) – Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets, has announced that for the second consecutive year it was recognized as the Top Freddie Mac Multifamily Small Balance Lender for 2016. The Freddie Mac Multifamily Small Balance Loan product just completed its second full year of business, with Arbor leading in loan volume both years.
“Our two-year partnership with Freddie Mac on its Small Balance Loan platform has been a tremendous success for Arbor, Freddie Mac and, most importantly, small balance investors, who are able to take advantage of such a strong product with great financing terms,” said Arbor Chairman, President and CEO Ivan Kaufman. “This product is a great financial solution for what had been a historically underserved sector of the multifamily market. We are very proud to have the long-standing internal expertise, including origination and processing talent, to be able to deliver these loans for the marketplace.”
Arbor is known for its long-standing success in the small balance lending sector and has worked to become an innovator in this space through such initiatives as the 2016 launch of Arbor LoanExpress, the first agency online lending platform customized for small balance loan borrower and brokers. Arbor has also developed a leading small balance multifamily news site known as ALEX Chatter that is dedicated to provide unique insight for small balance investors through an exclusive partnership with finance research leader Dr. Sam Chandan and his firm, Chandan Economics.
“As our Top Freddie Mac Multifamily Small Balance Lender two years in a row, Arbor has played an integral part in the tremendous growth of this product going all the way back to the development phase in 2014,” added Stephen Johnson, Freddie Mac’s Vice President of Small Balance Loan Business. “With Arbor and our other lenders’ critical assistance, we have met the large demand for this product and helped provide much greater liquidity to the affordable housing sector and, therefore, better quality housing for renters nationwide.”
About Us
For over 20 years, Uniondale, NY-based Arbor Realty Trust, Inc. (NYSE: ABR) has been helping multifamily and commercial real estate clients achieve their financial goals by focusing on growing long-term relationships and conducting business as not simply another real estate lender, but a partner. We value our clients to such an extent that we are more comfortable calling them partners, and their relationships with Arbor are the foundation of our business.
Founded by Chairman and CEO Ivan Kaufman, Arbor Realty Trust, Inc. is a real estate investment trust and direct lender 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 a Top Fannie Mae Small Loan lender, a Freddie Mac Multifamily Seller/Servicer and the Top Freddie Mac Small Balance Loan Lender, a Fannie Mae and Freddie Mac Seniors Housing Lender, an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, Bridge, Mezzanine and Preferred Equity lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of more than $12 billion, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s with an Above Average rating. 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 Realty Trust is externally managed and advised by Arbor Commercial Mortgage, LLC.