Arbor Writes $123M of MF Loans

UNIONDALE, NY—Arbor Commercial Funding LLC, headquartered here, said Thursday it had financed 24 multifamily loans totaling $123,227,400 through a variety of Fannie Mae product lines as well as its own. The apartment assets were located mainly in the Southeast and Southwest, along with two in Ohio and one in Pennsylvania.

“As there are strong multifamily investment opportunities across the country, Arbor prides itself in providing local market expertise to its clients wherever their business takes them, as evidenced by this latest group of loans,” says Matt Norman, a Dallas-based VP who originated all of the loans. “Equally important to offering geographic diversity is product diversity and these transactions required an expansive product approach that ranged from fixed- to adjustable-rate financing to affordable housing, bridge, CMBS and small loans.”