Showing posts with label Arbor Commercial Funding - Uniondale NY 12-6-10. Show all posts
Showing posts with label Arbor Commercial Funding - Uniondale NY 12-6-10. Show all posts

Tuesday, May 10, 2011

Arbor Rapidly Ascends Top 10 Fannie Mae DUS® Ranking for 4th Year in a Row

 Lender’s Business Momentum Vaults it Two Spots to #6


 Uniondale, NY (May 10, 2011) – Arbor Commercial Funding, LLC (“Arbor”), a wholly owned subsidiary of Arbor Commercial Mortgage, LLC, an industry-leading, direct commercial real estate lender for the nation, today announced that as a result of its rapidly increasing loan origination volume within the multifamily industry, the company has ascended the Top 10 Fannie Mae DUS® Multifamily Lender rankings for the fourth consecutive year, jumping two spots to the number six position for 2010 volume.

 Arbor has now managed to climb from number 10 (for 2007), to nine (2008), to eight (2009) and, now, six, reflecting its increasing business momentum and market-leading position.

 “We are extremely proud of our business partnership and accomplishments with the Fannie Mae DUS® program,” said Ivan Kaufman (top right photo), Arbor’s Chairman and CEO.

 “Our continued and expanding presence among Fannie Mae’s Top DUS® Multifamily lenders reflects our tremendous lending capabilities and products as well as our strong financial infrastructure.

“ I want to congratulate John Caulfield (lower left photo), our Executive Vice President and Director of Operations, his team and Arbor’s many dedicated employees through which we have elevated our market position in the service of our numerous clients.”

Contact:  Christopher Ostrowski, costrowski@arbor.com

Monday, December 6, 2010

Arbor Closes $2,175,000 Fannie Mae DUS® Small Loan for Forest Ridge Apartments in Milwaukie, OR


Uniondale, NY (Dec. 6, 2010) Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $2,175,000 loan under the Fannie Mae DUS® Small Loan product line for the 50-unit complex known as Forest Ridge Apartments (top left photo) in Milwaukie, OR. The 10-year loan amortizes on a 30-year schedule.

The loan was originated by Brian Scharf, (lower right photo) Director, in Arbor’s full-service Uniondale, NY, lending office.

“We were successful in locking the rate on Forest Ridge Apartments at a historical market low point, saving the borrowers several hundred basis points in debt service,” Scharf said.

 “This asset is a representation of Arbor's comfort not only in metropolitan Portland, OR, but in the surrounding suburbs as well. We look forward to continuing to grow our relationships in the Pacific Northwest.”

Contact: Christopher Ostrowski, costrowski@arbor.com