Arbor appoints Petti as director of N.Y. office

According to Arbor Commercial Mortgage, Edward Petti has been appointed director in Arbor's local office. Petti is responsible for originating all of the company's multifamily and commercial product lines including Fannie Mae, FHA, bridge, mezzanine and preferred equity throughout the northeast U.S. He reports to Ken Fazio, VP, national sales manager. Petti has over 15 years of experience in the commercial real estate finance industry, including positions in origination, underwriting and asset management. Prior to joining Arbor, Petti served as director of real estate finance and securitization at Credit Suisse, where he originated more than 210 loans totaling $3.3 billion. In the past 12 months, he has closed $70 million in agency business. Previously, Petti held posts at iCap Realty Advisors, LLC as an originator; CrossLand Federal Savings as a loan workout specialist; and served as a budget analyst for the New York City Mayor's Office of Management and Budget. He earned a masters degree in Public Policy from Columbia University and a bachelor of arts degree from Knox College.  Arbor Commercial Funding, LLC, Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have extensive experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility. Arbor's seasoned management team specializes in debt and equity financing for multifamily, office, retail, hotel and various other commercial real estate properties. The company offers a broad array of financing options including Fannie Mae DUS, FHA, CMBS, Bridge and Mezzanine products. Currently, Arbor services approximately $6.1 billion in loans. Arbor is a rated Standard & Poor's third-party commercial loan and special servicer. Arbor also manages Arbor Realty Trust, Inc., a real estate investment trust, formed to invest in real estate-related bridge and mezzanine loans, preferred equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, and has full-service lending offices throughout the U.S.