Oklahoma City Office Case Study

Arbor's Oklahoma City Office Originates Nearly $30 Million in Loans

Arbor Commercial Mortgage, LLC (“Arbor”), national direct commercial real estate lender, announced in November that it funded six loans totalling nearly $30 million. Under the Fannie Mae DUS Small Loan, Freddie Mac Small Balance Loan, and FHA 223(f) programs, the mortgage company was able to secure the funding across multiple cities in Michigan -- with Vice President Mike Jehle of Arbor’s Oklahoma City office originating the loans.

Said Jehle, “Arbor has the nationwide expertise that is required to meet borrower demands no matter where they do business, including the growing multifamily markets found throughout the country.”

This comes after much news of Arbor’s hundreds …show more content…
The multifamily properties funded locations, funding, and amortization schedules are listed below:

Aspen Lakes Estates Apartments, Holt, MI
213-unit multifamily property
$20,400,000 funded under the FHA 223(f) Loan product line
35-year refinance loan amortizes on a 35-year schedule.
Oakwood Villa Apartments, Royal Oak, MI
100-unit multifamily property
$2,700,000 funded under the Fannie Mae DUS Small Loan product line
20-year refinance loan amortizes on a 20-year schedule.
Garfield Park Apartments, Fraser, MI
110-unit multifamily property
$2,250,000 funded under the Freddie Mac Small Balance Loan product line
Seven- year refinance loan amortizes on a 30-year schedule.
Danbury Apartments, Grand Rapids, MI
66-unit multifamily property received $1,905,000 funded under the Freddie Mac Small Balance Loan
20-year acquisition loan amortizes on a 30-year schedule.
North Park Cooperative, Detroit, MI
94-unit multifamily property
$1,600,000 funded under the Fannie Mae Small Loan product line
10-year acquisition loan amortizes on a 10-year