Already having been one of the Top 10 Fannie Mae DUS Multifamily lenders by volume for some time (with over $1.6 billion in transactions in 2014) and the Top Fannie Mae Small Loan Lender in 2014, Arbor Commercial Funding, a subsidiary of Arbor Commercial Mortgage, was just approved as a Fannie Mae Seniors Housing DUS Lender. Under the new program, which will be headed by COO, John Caulfield, Arbor will look to provide non-recourse financing from Fannie Mae for independent living, assisted living and memory care communities. With the program in its infancy, there have been no transactions yet, but the pipeline is building.
Since fully developing their Seniors Housing and Healthcare Finance group late in 2014, led by veterans Jeff Ringwald, Senior Vice President, and Bill Jackson, Vice President, Arbor has closed $75 million in non-Fannie Mae-based Seniors Housing/Healthcare deals so far in 2015.
