JPMorgan Chase Bank has provided Arbor Realty Trust $1.15 billion through a repurchase facility that the mortgage REIT has used to finance $1.43 billion of loans, most of which had been funded through a pair of collateralized loan obligations. In short, Arbor has replaced the two CLOs with the JPMorgan repo line as funding vehicles […]
The post JPMorgan Lends $1.15Bln Allowing Arbor Realty to Retire 2 2021 CLOs appeared first on Commercial Real Estate Direct.
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