Arbor Realty Trust a real estate investment trust and national direct lender specializing in loan origination and servicing for residential, multifamily, seniors housing, healthcare and other diverse commercial real estate assets, has launched a single-family rental portfolio (SFR) lending platform.
“We believe the single-family rental portfolio market, which is currently very fragmented, is as big as the multifamily market, with unique financing opportunities available in build-to-rent, bridge and permanent lending products,” said Ivan Kaufman, president and CEO of Arbor Realty Trust. “By bringing capital to this business, we can leverage our national, tenured originations team and our more than 30 years of experience in residential and multifamily housing to become a leader in this space.”
Arbor’s platform offers an array of loan options, including build-to-rent, bridge and permanent financing for SFR portfolios and multifamily properties of 20 units or less. The platform is for borrowers seeking loan amounts of $1 million or greater. Eligible properties include a minimum of five single-family units; single-family detached homes, townhomes and rowhomes; as well as duplexes, triplexes and quadruplexes built for residential use. Arbor’s SFR platform offers nonrecourse and recourse loans, with a permanent financing option offering five-, seven- and 10-year terms.
Arbor closed more than $115 million in SFR portfolio transactions under the former Freddie Mac Single-Family Rental Pilot Program before developing its own proprietary platform.
