Multifamily Lender's Servicing and Asset Management Departments
Have Grown and Thrived for Over 23 Years In the Buffalo Area
TONAWANDA, N.Y., Oct. 4, 2023
/PRNewswire/ -- Arbor Realty Trust recently hosted a Grand Opening
and Ribbon Cutting at a new office at 500 Colvin Woods Parkway
within Colvin Woods Corporate Park. This 32,000 square foot space
is now home to the Firm's loan servicing and asset management
operations departments.
Arbor Realty Trust Expands Buffalo-Area
Footprint With Tonawanda, NY
Office Opening and Celebration
Arbor, which today has 17 offices in cities across the United States, initiated its presence in
the Buffalo area more than 23
years ago. The current 208-member Buffalo team began this relocation from a
20,000 square foot space at 3370 Walden Avenue in Depew one year ago in anticipation of business
expansion. Under the leadership of Founder, President and Chief
Executive Officer Ivan Kaufman,
Arbor reported one of its best years as a public company in 2022,
results fueled in part by its best-in-class servicing and asset
management operations. In the second quarter of 2023, Arbor'
fee-based agency servicing portfolio grew approximately 2%, or
$533.9 million, to $29.45 billion.
Arbor celebrated the move alongside political and civic leaders
serving the Tonawanda area and in close collaboration with the
Kenmore Tonawanda Chamber of
Commerce and the Chamber of Commerce of the Tonawandas. The day
was capstoned by an outdoor celebration and luncheon featuring
five local food trucks, games and entertainment.
Of architectural note, the Tonawanda office's airy, open
architecture encourages conversation and collaboration. The space
is augmented by the display of seven original paintings by
celebrated Lewiston artist
Kathy Pignatora, all acquired to
Arbor's permanent collection in 2023 and intended to inspire the
ongoing creativity that characterizes the firm's multifamily
financing solutions.
About Arbor
Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real
estate investment trust and direct lender, providing loan
origination and servicing for multifamily, single-family rental
(SFR) portfolios, and other diverse commercial real estate assets.
Headquartered in Uniondale, New
York, Arbor manages a multibillion-dollar servicing
portfolio, specializing in government-sponsored enterprise
products. Arbor is a leading Fannie Mae DUS® lender, Freddie
Mac Optigo® Seller/Servicer, and an approved FHA Multifamily
Accelerated Processing (MAP) lender. Arbor's product platform
also includes bridge, CMBS, mezzanine, and preferred
equity loans. Arbor is rated by Standard and Poor's and Fitch.
In June 2023, Arbor was added to the
S&P SmallCap 600® index. Arbor is committed to building on its
reputation for service, quality, and customized solutions with an
unparalleled dedication to providing our clients excellence over
the entire life of a loan.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/arbor-realty-trust-expands-buffalo-area-footprint-with-tonawanda-ny-office-opening-and-celebration-301947589.html
SOURCE Arbor Realty Trust