News: Long Island

Arbor Commercial Mortgage named Top Ten Fannie Mae DUS Lender for third consecutive year

According to Arbor Commercial Mortgage, LLC, it has once again been named a Top Ten Fannie Mae Delegated Underwriting and Servicing (DUS) lender for 2009. Over the last three years, the company has continued to increase its ranking, rising to the number eight spot for its production in 2009. "We are extremely proud of our business partnership and accomplishments with the Fannie Mae DUS program," said Ivan Kaufman, chairman and CEO of Arbor. "We were one of the few companies to grow market share in 2009 and this increased ranking is a tremendous accomplishment. I want to congratulate our executive vice president, director of operations, John Caulfield, under whom we have grown our platform, as well as the dedicated Arbor family of employees who have worked so hard to help us achieve this milestone." Founded by chairman and CEO Ivan Kaufman, Arbor Commercial Mortgage, LLC and Arbor Commercial Funding, LLC are national direct lenders specializing in the origination of debt and equity financing and servicing for multifamily and other diverse commercial assets. Arbor is a top ten Fannie Mae DUS lender and an FHA Multifamily Accelerated Processing (MAP) lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of $7.6 billion, Arbor is a rated Standard & Poor's primary commercial loan servicer and special servicer. Arbor Commercial Mortgage, LLC also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in mortgage-related securities, real estate-related bridge, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY with full-service lending offices throughout the United States.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.