Arbor Commercial Mortgage funds $200 million in multifamily deals across South & Midwest

Stafford, TX Arbor Commercial Mortgage, LLC, a national, direct commercial real estate lender, arranged the recent funding of 21 loans totaling $200 million across Texas, Arkansas, Tennessee, Alabama and Ohio under the Fannie Mae Delegated Underwriting & Servicing (DUS) Loan, Fannie Mae DUS Multifamily Affordable Housing, Fannie Mae DUS Small Loan, CMBS and Arbor Reality Trust’s Bridge and Mezzanine programs. Matt Norman, vice president in Arbor’s Dallas, TX, office, originated all of the loans. “As demonstrated by this collection of loans, Arbor is providing investors the personal service and customized loan products they need to take advantage of today’s strong multifamily market conditions,” said Norman. “Arbor has the nationwide expertise that’s required to meet borrower demands no matter where they do business, including the thriving multifamily markets found across the South and Midwest.” • Stafford Oaks Apartments, Stafford, TX – This 175-until multifamily property received $11 million funded under the Fannies Mae DUS product line. The 10-year refinance loan amortizes over a 30-year schedule. • Clear Lake Falls, Webster, TX – This 90-unit multifamily property received $4.8 million  funded under the Freddie Mac Small Balance Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. • Fox Bend Apartments, Garland, TX – This 100-unit multifamily property received $4 million funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. • Pioneer House and Executive Apartments, Irving, TX – This 146-unit multifamily property received $3.83 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. • Multifamily Property, Houston, TX – This multifamily property received $47 million funded under the CMBS Loan product line, as well as $3,000,000 funded under the Arbor Reality 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 $2.58 million 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 $1.85 million 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 $1.8 million funded under the Fannie Mae DUS Supplemental Loan product line. The seven-year loan amortizes on a 30-year schedule. • Alexander Lane Apartments, Euless, TX – This 39-unit multifamily property received $1.525 million funded under the Fannie Mae DUS Small Loan product line. The 12-year refinance loan amortizes on a 30-year schedule. • Bayou Villa Apartments, La Porte, TX – This 56-unit multifamily property received $1.475 million funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. • Multifamily Property, Irving, TX – This 450-plus-unit multifamily property received $23.38 million for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line. • Multifamily Property, Houston, TX – This multifamily property received $23 million funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 30-year schedule, and was used to retire a $16.5 million Arbor Reality Trust Bridge Loan. • Multifamily Property, Houston, TX - This multifamily property received $29.7 million for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line. • Multifamily Property, Galveston, TX – This multifamily property received $15.9 million for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line. • Multifamily Property, Bryan, TX – This 248-unit multifamily property received $6.5 million for acquisition rehab funded under the Arbor Reality Trust Bridge Loan product line. • Multifamily Property, Canton, OH – This multifamily property received $3.95 million funded under the Fannie Mae Affordable Housing product line. The seven-year refinance loan amortizes on a 30-year schedule. • Springdale Apartments, Springdale, AR – This 102-unit multifamily property received $2.3 million funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. • Crutcher Apartments, Springdale, AR– This 97-unit multifamily property received $2.156 million funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. • Powell Apartments, Springdale, AR – This 52-unit multifamily property received $900,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. • Avery Park Apartments, Memphis, TN – This 231-unit multifamily property received $4.87 million funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule, and was used to retire an Arbor Bridge loan. • Lake Forest Apartments, Daphne, AL – This 128-unit multifamily property received $4.76 million funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 36-year schedule.