With COVID-19 driving social distancing and stay at home practices, single-family rentals have even greater investment appeal, according to IMN panelists.
Arbor Rental Assistance Program Lending Meaningful Assistance to Our Borrowers and Their Tenants Amid COVID-19
The Arbor Rental Assistance Program (ARAP) offers interest-free advances to tenants who have suffered from financial losses caused by the pandemic.
Nationwide Program Fills Rent Gap for May and June For Those Experiencing Loss of Income UNIONDALE, NY (April 15, 2020) – Arbor Realty Trust, Inc. (NYSE:ABR), one of the nation’s leading multifamily lenders, today launched an innovative $2 million rental assistance program to help thousands of tenants and families significantly impacted by the COVID-19 outbreak. The Arbor Rental Assistance Program (ARAP) is a unique goodwill initiative intended to supplement existing government rent relief programs and leverage private capital to fill critical gaps for people who are impacted by a loss of income due to COVID-19. “As one of the most active lenders in the industry offering workforce housing loans, we want to do our part to help ease the burden for those who’ve been severely impacted by COVID-19,” said Ivan Kaufman, President and CEO of Arbor Realty Trust. “For those who have unfortunately lost income and are temporarily unable to meet their rent obligations, we are looking to provide some much-needed relief until they are able to stabilize their situations.” What makes ARAP unique is its focus on incorporating a Read the full article…
In a Yardi® Matrix webinar, experts offer multifamily tips for owners and operators facing today’s real estate challenges arising from COVID-19.
This report reviews the COVID-19 impact on multifamily demand and what operators can do to improve tenant services during the coronavirus pandemic.
A Real Capital Analytics report on COVID-19 and real estate investments noted the necessity of lending and financial liquidity during economic downturns.
Arbor’s nationwide experience and expertise allow us to customize multifamily financing wherever your portfolio takes you.
Austell,
GA
Bridge
|
$10M+
Jonesboro,
GA
Freddie Mac SBL
|
$5-10M
Ridgewood,
NY
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Woodmere,
NY
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Paterson,
NJ
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
