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California  + Los Angeles  + Finance  | 

Arbor Closes $88M Freddie Mac Small Balance Loan Portfolio

Connect Los Angeles is planned March 21st at the Hotel Indigo Downtown Los Angeles. You can get more information and register on this link.

‘Uniondale, NY-based Arbor Realty Trust, Inc. funded a $88-million refinance for a portfolio located in Los Angeles through the Freddie Mac Small Balance Loan (SBL) Program. The portfolio consists of more than 660 multifamily units spread across 26 properties.

Arbor Realty Trust, Inc.’s John Caulfield (pictured) notes the deal is a true reflection of its expertise and commitment to the Los Angeles market. He says, “The Freddie Mac SBL Program once again has demonstrated its effectiveness in preserving affordable housing stock in an otherwise high-cost market. Together with a valued repeat client and our Freddie Mac partnership, this transaction has helped preserve critical workforce housing for thousands of residents.”

Freddie Mac Multifamily’s Russell Dines says, “The financing of smaller, older-vintage apartment buildings like these is vital to ensuring the availability of affordable housing. The combined partnership on this portfolio enabled us to finance 660 units in total, and a substantial number of the units will be affordable to low- and moderate-income households.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Sale/Acquisition
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