Arbor hires 2 in FHA multifamily lending
Arbor Commercial Mortgage expanded its multifamily Federal Housing Administration loan origination capabilities with the appointment of two experienced FHA originations directors.
Andrew Proctor (pictured) and Jason Gray were each appointed as FHA originations directors in Arbor’s Boulder, Colo., and Chicago offices, respectively.
Both are responsible for originating FHA-insured multifamily, senior housing and healthcare facility loans nationwide for acquisition, refinance and construction transactions.
Proctor has more than 15 years of experience in multifamily commercial real estate. Previous to Arbor, he was president of Proctor Community Enterprises where he provided comprehensive housing finance and community development services.
Gray most recently worked at Oppenheimer Multifamily and Healthcare Finance, where he was an associate director of origination. While there, he successfully developed a nationwide portfolio of clients, while focusing on senior housing and FHA loan origination.