News: Brokerage

Olson joins Arbor's Chicago office as FHA originations director

Arbor Commercial Mortgage, LLC, a leading, direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of an experienced FHA originations director in the company's local office. Paul Olson was appointed as FHA originations director in Arbor's local office, where he is responsible for originating FHA-insured multifamily, seniors housing and healthcare facility loans nationwide on an expedited basis for acquisition, refinance and construction transactions. He reports to Joseph Donovan, senior vice president, director of FHA Lending. Olson has more than 20 years of experience in commercial lending, investment banking and equity investment. Previous to Arbor, he was vice president and regional director for Great Lakes Financial Group, another FHA MAP and LEAN Lender. Prior to that, Olson was the principal of Olson Financial Resources, Inc., a full-service commercial loan brokerage and capital consulting firm, where he assisted clients across the U.S. in obtaining commercial real estate capital. Earlier in his career, Olson held executive roles with such firms as MMA Financial, GE Capital, Bank of America Securities and The Sumitomo Bank. Olson earned his masters of business administration degree in Finance from the University of Chicago. He graduated cum laude with a bachelor of arts degree in History and Japanese from Carleton College. He is a member of the Real Estate Investment Association of Chicago, the Chicago Real Estate Council and the University of Chicago Alumni in Real Estate. 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 financing and servicing for multifamily and other diverse commercial assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily 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 $9.1 billion, Arbor is a primary commercial loan servicer and special servicer rated by Fitch Ratings and Standard & Poor's. Arbor is also on the Standard & Poor's Select Servicer List. 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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