Arbor Realty Trust : Funds $5M Fannie Mae Small Loans in Tampa, FL
October 14, 2020 at 04:05 pm EDT
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UNIONDALE, NY (October 14, 2020) - Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded two Fannie Mae Small Loans in Tampa, FL. The properties, totaling 90 units, received $5M in acquisition financing.
Sam Schwass of Arbor's New York City office originated the loan.
'We were happy to help repeat sponsors expand their portfolio in this growing market,' Schwass said. 'At Arbor, we value nurturing long-lasting partnerships and take pride in offering customized solutions that fulfill our clients' short- and long-term financial needs.'
Royal Village Apartments received $4M. The 68-unit multifamily complex is made up of one- and two-bedroom floorplans. Retail shopping and the University of South Florida at Tampa are nearby.
Sophia Villas received $910,000. Built in 1974, the two-story, 22-unit property is close to local shopping. The University of South Florida Botanical Gardens and Busch Gardens Tampa is a short driving distance away.
About Us
Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare and other diverse commercial real estate assets. Headquartered in Uniondale, New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a Fannie Mae DUS® lender and Freddie Mac Optigo Seller/Servicer. Arbor's product platform also includes CMBS, bridge, mezzanine and preferred equity loans. Rated by Standard and Poor's and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.
Sam Schwass - Originations
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Arbor Realty Trust Inc. published this content on 14 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2020 20:04:00 UTC
Arbor Realty Trust, Inc. is a real estate investment trust. The Companyâs segments include Structured Business and Agency Business. Through its Structured Business, it invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental (SFR) and commercial real estate markets, primarily consisting of bridge loans, in addition to mezzanine loans, junior participating interests in first mortgages and preferred and direct equity. It also invests in real estate-related joint ventures and may directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. Through its Agency Business, the Company originates, sells, and services a range of multifamily finance products through Fannie Mae and Freddie Mac, Ginnie Mae, Federal Housing Authority (FHA), and Housing and Urban Development (HUD). It originates, sells, and services a range of multifamily finance products.
ARBOR REALTY TRUST, INC. 
