Arbor Named Top 10 Fannie Mae DUS® Lender 10 Years Straight

UNIONDALE, NY (Feb. 6, 2017) – Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets, has announced that for the 10th consecutive year it was recognized as a Top 10 Fannie Mae DUS® Multifamily Lender, finishing at number eight for 2016 total volume.

“We are extremely proud to have achieved this milestone as it represents the ongoing growth and success of our core business and the continued commitment to our partnership with Fannie Mae,” said Arbor Chairman, President and CEO Ivan Kaufman. “Achieving and sustaining this ranking year after year takes an incredible amount of teamwork, focus and dedication. We have worked hard to understand our clients’ needs, provide them exceptional customer service and deliver them certainty of execution, helping them achieve their business goals again and again.”

Arbor’s attributes its success to decades of experience in the agency finance business, uniquely personal client service as well as a high level of transaction customization and flexibility through its strong partnership with Fannie Mae.

“Arbor’s 10th year of Top 10 status is a testament to the consistency and certainty of execution the company has exhibited throughout both strong and challenging real estate market cycles,” said Jeffery Hayward, Fannie Mae’s Executive Vice President and Head of Multifamily. “We are quite pleased to have such a long-standing partner in the multifamily finance sector and look forward to another decade of success together.”

About Us

For over 20 years, Uniondale, NY-based Arbor Realty Trust, Inc. (NYSE: ABR) has been helping multifamily and commercial real estate clients achieve their financial goals by focusing on growing long-term relationships and conducting business as not simply another real estate lender, but a partner. We value our clients to such an extent that we are more comfortable calling them partners, and their relationships with Arbor are the foundation of our business.

Founded by Chairman and CEO Ivan Kaufman, Arbor Realty Trust, Inc. is a real estate investment trust and direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender by volume and a leading Fannie Mae Small Loan lender, a Freddie Mac Multifamily Seller/Servicer and the Top Freddie Mac Small Balance Loan Lender, a Fannie Mae and Freddie Mac Seniors Housing Lender, an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, Bridge, Mezzanine and Preferred Equity lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of more than $12 billion, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s with an Above Average rating. Arbor is also on the Standard & Poor’s Select Servicer List and is a primary commercial loan servicer and loan level special servicer rated by Fitch Ratings. Arbor Realty Trust is externally managed and advised by Arbor Commercial Mortgage, LLC.

How Does Education Attainment Impact Where People Rent?

Education Attainment and Multifamily Renters

Education is arguably the strongest predictor of present and future levels of American workers’ income. As a result, there is a correlation between education attainment and the size of a building a renter is likely to call home. 

It should come as no surprise that individuals with advanced degrees are typically employed in better paying jobs that require higher skills. As noted in our post on the occupational profile of apartment renters, while small building residents represent a wider range of job skills, workers living in large apartment buildings with higher rental costs skew toward high-skill occupations.

Educational attainment levels further confirm the pattern. While large apartment property residents on average have higher levels of educational attainment, small building residents mirror the wider American working population.

As shown above, about half of all workers living in small asset properties hold high school diplomas, while another 27 percent completed college. These shares were similar to the overall worker population in the US.

On the other hand, large buildings had nearly twice as many workers with advanced degrees, including masters, professional, and doctoral degrees. Put another way, about half of all large building residents at least graduated from college, compared to 36 percent in small buildings.

The association between education and income is illustrated below, where among small building residents, those with advanced degrees earned more than twice as much as workers with a high school diploma.

As discussed in previous posts, small property renters are often younger and earlier in their careers. It’s no surprise they might have lower average incomes compared to large building residents. Interestingly, the income gap between small and larger property residents gets larger with the level of education. High school graduates residing in large properties earn 11 percent more than their small property peers. For residents with graduate degrees, the difference is much wider at 40 percent.

It will be interesting to watch the dynamic between educational degrees and the types of buildings graduates choose to rent in over time. When you consider that the average 2015 graduate walked off the stage with a diploma and $35,051 in student loans, they might decide to eschew a highly amenitized community in favor of a smaller, more affordable apartment property.

Learn more on Alex Chatter.

Not the Bachelor Pad: Age and Income Profiles of Single Renters in Small Apartment Properties


Married households and families are well-represented in small property apartments. Reflecting that skew to larger households, smaller properties account for a relatively smaller share of single renters when compared to large buildings.

How Many Single Renters in Small and Large Properties?

  • As shown in the chart above, about 45 percent of all units in small properties are rented by individuals living alone, split equally between male and female renters.
  • In contrast, nearly 60 percent of apartments in large asset properties are rented by single renters. Female renters living alone account for more than half of large property single renters.

How Old Are Single Renters?

  • While small properties are geared toward working adults (between age 18 and 64 years), large asset properties also cater to senior renters 65 years and over.
  • As shown in above, about 52 percent of all male renters living alone in small properties fall between 35 and 64 years, compared to 42 percent for female renters living alone in this age group.
  • Overall, single women in small properties skew older than single men. At 24 percent, the share of single women in the age group 65 years and over living alone in small properties is double that of single male renters in this age group.

How Much Do They Earn?

  • Whether in large or small properties, single renters have higher per capita income compared to all other renters. That largely reflects the higher cost of living alone and the higher associated income level of single renters.
  • Single male renters between 18 and 64 years had average per capita income of $41,000 compared to $32,000 for female renters living alone. But as noted in our previous blogs, large asset renters have higher incomes compared to small property residents. This holds true for both male and female renters across the asset classes.

Learn more on Alex Chatter.