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.


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.


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.


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.

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Arbor 360º

Success Story: Large Multifamily Acquisition

A panoramic view of how Arbor grows financial partnerships through successful

product executions that deliver results for our clients


$19.3M First-Mortgage Bridge Loan





'08 & '18

Year Built


Experienced multifamily owner-operators were seeking financing to acquire and reposition a multifamily community in Sherman, TX. The property was built in two phases, and the borrower was looking to renovate 112 units in the phase 1 portion of the property in order to improve their quality and capture higher rents. The phase 2 units were also achieving below-market rents, and the borrowers’ goal was to raise rents for those units to increase property cash flow. Borrowers also planned to bring in a new, experienced property manager.

Arbor Action

Arbor was tasked with evaluating the borrowers’ business plan to ensure it would adequately increase property value and generate additional cash flow. The clients are repeat Arbor borrowers and large owner-operators who are local to the property, which assured Arbor that the repositioning could be successfully completed on time and on budget, resulting in increased rental income.


Arbor was able to execute a $19.3 million first-mortgage bridge loan to fund the acquisition and renovation of the property. Since the acquisition, the borrowers were able to successfully upgrade interior units, amenities and exteriors, resulting in a 17% increase in gross potential rent and a 98% occupancy rate in just two years. Upon loan maturity, the borrowers were able to refinance to a permanent agency loan. Arbor executed a 12-year, $22.9 million Fannie Mae DUS® Standard Loan, allowing the borrower to retire the existing Arbor bridge loan, fund immediate repairs and other costs, and operate the property for the long term.