Little Rock, AR Arbor Realty Trust, Inc. funded three loans totaling $7 million under the Fannie Mae Small Loans program:
Sam Schwass of Arbor’s New York City office originated the loans.
“This portfolio demonstrates our leadership role in the Fannie Mae Small Loans market. It’s also a good example of how we are satisfying the unique needs of a wide range of borrowers across the country with diverse properties and locations,” said Schwass.
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,