Week 11: A Case Study

ARBOR COMPLETES $200M MULTIFAMILY LOAN THAT SPANS ACROSS 5 STATES

National direct lending, real estate company Arbor Commercial Mortgage, LLC, recently announced the completion of overall loans of $200,315,900 that span a total of five Southern and Midwestern states, including: Texas, Arkansas, Tennessee, Alabama and Ohio.
The loans were obtained through Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS® Multifamily Affordable Housing, Fannie Mae DUS® Small Loan, CMBS and Arbor Realty Trust's Bridge and Mezzanine programs. Arbor is a top lender of Mae a top ten Fannie Mae DUS® multifamily and Small Loans lender.
Matt Norman, Vice President in Arbor’s Dallas, Texas office originated all of the loans as the need for
The 10-year acquisition loan amortizes on a 30-year schedule. · Multifamily Property, Houston, TX – This multifamily property received $47,000,000 funded under the CMBS Loan product line, as well as $3,000,000 funded under the Arbor Realty Trust Mezzanine Loan product line for refinance. Both are co-term, 10-year loans. · Santa Barbara Apartments, Houston, TX – This 176-unit multifamily property received $2,580,000 funded under the Fannie Mae Affordable Housing product line. The 10-year acquisition loan amortizes on a 30-year schedule. · Southside Village Apartments, Brownwood, TX – This 104-unit multifamily property received $1,850,000 funded under the Fannie Mae DUS Small Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. · Ashford Pointe, Houston, TX – This 224-unit multifamily property received $1,800,000 funded under the Fannie Mae DUS Supplemental Loan product line. The seven-year loan amortizes on a 30-year
Arbor is a Top 10 Fannie Mae DUS®Multifamily Lender by volume and Fannie Mae Seniors Housing Lender, a Freddie Mac Program Plus® Seller/Servicer, Seniors Housing and Small Balance Loan lender, an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, Bridge and Mezzanine lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of more than $11 billion, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s and holds an Above Average rating from Standard & Poor’s. 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