News: Brokerage

Arbor funds $30 million in multifamily deals across Michigan

Holt, MI Arbor Commercial Mortgage, LLC, a national, direct commercial real estate lender, announced the recent funding of six loans totaling $29,855,000 across Michigan under the Fannie Mae DUS Small Loan, Freddie Mac Small Balance Loan and FHA 223(f) programs.
Mike Jehle, Arbor Commercial Mortgage Mike Jehle, Arbor Commercial Mortgage
Mike Jehle, vice president in Arbor’s Oklahoma City, OK, office, originated all of the loans. “Arbor has the nationwide expertise that’s required to meet borrower demands no matter where they do business, including the growing multifamily markets found throughout the country,” said Jehle. “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.” · Aspen Lakes Estates Apartments, Holt, MI – This 213-unit multifamily property received $20.4 million funded under the FHA 223(f) Loan product line. The 35-year refinance loan amortizes on a 35-year schedule. · Oakwood Villa Apartments, Royal Oak, MI – This 100-unit multifamily property received $2.7 million funded under the Fannie Mae DUS Small Loan product line. The 20-year refinance loan amortizes on a 20-year schedule. · Garfield Park Apartments, Fraser, MI – This 110-unit multifamily property received $2.25 million funded under the Freddie Mac Small Balance Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. · Danbury Apartments, Grand Rapids, MI – This 66-unit multifamily property received $1.905 million funded under the Freddie Mac Small Balance Loan. The 20-year acquisition loan amortizes on a 30-year schedule. · North Park Cooperative, Detroit, MI – This 94-unit multifamily property received $1.6 million funded under the Fannie Mae Small Loan product line. The 10-year acquisition loan amortizes on a 10-year schedule. · Oak Park Apartments, Grand Rapids, MI – This 42-unit multifamily property received $1 million funded under the Freddie Mac Small Balance Loan product line. The 20-year acquisition loan amortizes on a 30-year schedule.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking