Arbor Commercial Mortgage, LLC, a direct commercial real estate lender, continued the expansion of its Federal Housing Administration multi-family loan platform with the hiring of two veteran FHA originations directors in the company’s Columbia, Md., and Broomfield, Co., offices.
Allan Rugg and Nicholas Paez were each appointed as FHA originations directors. Both are responsible for originating FHA-insured multi-family, seniors housing and healthcare facility loans nationwide on an expedited basis for acquisition, refinance and construction transactions. They both report to Joseph Donovan, senior vice president and director of FHA Lending.
“Arbor’s ability to attract and retain top talent in the FHA-insured financing sector is a testament to our reputation and commitment as a leading lender,” said Donovan, who is leading the expansion of Arbor’s FHA lending platform by targeting FHA originators and underwriters in numerous locations nationwide.
