Articles

Aging Baby Boomers Reshape the Housing Market

While the 2008 financial crisis prompted a cyclical shift in U.S. housing — impacting everything from home prices to who can qualify for a mortgage — an equally impactful demographic change was just taking shape. The unprecedented wave of Baby Boomers that began retiring would disrupt the balance of the housing market.

Articles

Secondary and Tertiary Markets Gain Ground on Primary Cities

As secondary and tertiary markets continue to gain parity with larger primary cities around the nation, they offer investors a significant potential for return on investment, even as the U.S. and global economic landscapes face notable headwinds.

Analysis

Small Multifamily Investment Snapshot — Q4 2022

The small multifamily sub-sector ended 2022 on a high note with originations falling just behind 2021’s peak. As economic storm clouds continue circling, small multifamily appears fortified from any reverberations that may result.

Press Releases

Arbor Realty Trust Reacts to Ningi Research Report

UNIONDALE, N.Y., March 14, 2023  (GLOBE NEWSWIRE) – Arbor Realty Trust (NYSE: ABR), announced today that the Company is in receipt of the purported “research” report that was published earlier today by Ningi Research, a short seller of Arbor stock. The report lacks merit and contains numerous inaccuracies, misstatements, and otherwise misleading allegations. This false Read the full article…

Articles

Arbor’s Leah Fisher Joins Global Sustainability Panel at InnovateESG

Arbor Senior Vice President, Special Projects, Governance and Risk, Leah Fisher recently spoke on a thought-provoking panel discussion at InnovateESG 2023, a conference focused on environmental, social, and governance missions, hosted by NYU Stern’s Chen Institute for Global Real Estate Finance.

Articles

Single-Family Rental Investment Snapshot — Q4 2022

SFR will maintain exposure to the cyclical disruption brought on by the housing market’s softness and rising interest rates, even though its structural growth outlook remains positive and unchanged.

GENERAL: 800.ARBOR.10

Home | Resources & Press | Arbor Realty Trust Funds Nearly $20M in Fannie Mae DUS® MAH for Affordable Properties

Arbor Realty Trust Funds Nearly $20M in Fannie Mae DUS® MAH for Affordable Properties

UNIONDALE, NY (May 14, 2018) – 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, today announced the recent funding of five loans totaling $19,736,000 under the Fannie Mae DUS® Multifamily Affordable Housing (MAH) product line.

Alexander Kaushansky, Vice President, Originations at Arbor Realty Trust, arranged the financing.

“Arbor’s Fannie Mae DUS MAH product offers flexible and competitive terms to borrowers who invest in qualified affordable housing,” Kaushansky said. “With 100% of units at all five properties considered affordable, this transaction is a prime example of our commitment to responding to a nationwide need.”

Apartment Corp., a national privately held real estate investment firm with a portfolio exceeding 20,000 units, was the borrower, using the loans for both refinancing and acquisition purposes.

“Arbor was able to quickly arrange financing tailored to the specific needs of each one of these properties,” said Marc Menowitz, CEO of Apartment Corp. “The maximized loan proceeds and sheer number of loan options offered enabled us to improve the quality of our expanding national portfolio.”
The transactions involved:

  • Pacific Pointe, Stockton, CA — Built in 1971, this 80-unit LIHTC multifamily property received a $3,005,000 refinancing funded under the Fannie Mae DUS MAH product line. Since 2016, the borrower has invested approximately $150,000 in upgrades to the property.
  • Granite Ridge, Stockton, CA — Built in 1974, this 80-unit LIHTC multifamily property received a $3,689,000 refinancing under the Fannie Mae DUS MAH product line. Since 2016, the borrower has invested around $100,000 in upgrades to the property.
  • Silver Spring Terrace, Hickory, NC — Built in 1973, this 100-unit combination HAP and LIHTC garden-style property received $3,681,000 in acquisition financing under the Fannie Mae MAH Green Rewards program. $250,000 will go towards interior and exterior upgrades to the property.
  • Yorkshire & Windsor Village, Shreveport, LA — Built in 2000, this 132-unit LIHTC garden-style property received $2,661,000 in acquisition financing under the Fannie Mae DUS MAH product line. In addition to rent restrictions, the property will keep a minimum of 15% of units available to accommodate large families, and a minimum of 25% of units able to serve special needs groups like the elderly and handicapped. $290,000 will go towards interior and exterior upgrades at the property.
  • Sonora Portfolio, Sonora & Jamestown, CA — Built in 1998, this three-property, 220-unit multifamily LIHTC portfolio received $6,700,000 in refinancing under the Fannie Mae DUS MAH Preservation product. Since 2016, the borrower has invested approximately $460,000 in upgrades to the property.
Property Image
Pacific Pointe, Stockton, CA
Property Image
Silver Spring Terrace, Hickory, NC
Property Image
Granite Ridge, Stockton, CA
Property Image
Yorkshire & Windsor, Shreveport, LA

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’re 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 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 multibillion-dollar servicing portfolio, 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.

Recent News