ARA Finance Achieves $1 Billion in Multi-Housing Financings
- Jan 10, 2012
Atlanta—ARA Finance, a joint venture of ARA and CWCapital LLC, a subsidiary of CW Financial Services, has closed over $1 billion in multi-housing loans.
Launched in April of 2009, ARA Finance, through CWCapital, has provided multihousing investors with a full range of mortgage finance services, providing a successful combination of convenience, service and competitive terms. The venture marked the beginning of a new era for ARA which has, since its inception in 2003, focused solely on the brokerage of multi-housing properties on behalf of an array of institutional, REIT and private client sellers.
ARA Finance, through CWCapital, originally offered Fannie Mae, Freddie Mac and FHA programs to its clients. The platform has expanded in the past year to also offer life company lending solutions, as well as access to conduit, bridge, mezzanine and equity finance programs, further underscoring the company’s commitment to providing new, competitive sources of funding for its expanding customer base.