Arbor Realty Trust, Inc. co-funds Fannie Mae SARM loans of 2022
December 27, 20224 min
Arbor Realty Trust, Inc. (NYSE: ABR ), a leading multifamily and commercial mortgage lender, recently co-funded one of the largest Fannie Mae Structured Adjustable-Rate Mortgage (SARM) loans of 2022 in support of New York-based Emerald Empire’s acquisition of Pangea Properties’ Chicago portfolio. The deal was primarily financed by Arbor Realty Trust. NewPoint Real Estate Capital also participated in the transaction. The sale spans several hundred properties and thousands of units, of which 97% are considered “affordable” at 60% of Area Median Income...