Arbor’s FHA Multifamily Lending Business Accelerates Expansion with Hiring of New Chicago Originator
- Sep 24, 2012
Uniondale, N.Y.—Arbor Commercial Mortgage LLC, a direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of an experienced FHA originations director in the company’s Chicago office.
Paul Olson was appointed as FHA originations director in Arbor’s Chicago office, where he is responsible for originating FHA-insured multifamily, seniors housing and healthcare facility loans nationwide on an expedited basis for acquisition, refinance and construction transactions. He reports to Joseph Donovan, senior vice president, director of FHA Lending.
Olson has more than 20 years of experience in commercial lending, investment banking and equity investment. Previous to Arbor, he was Vice President and Regional Director for Great Lakes Financial Group, another FHA MAP and LEAN Lender. Prior to that, Olson was the principal of Olson Financial Resources Inc., a full-service commercial loan brokerage and capital consulting firm, where he assisted clients across the United States in obtaining commercial real estate capital. Earlier in his career, Olson held executive roles with such firms as MMA Financial, GE Capital, Bank of America Securities and The Sumitomo Bank.
Olson earned his Masters of Business Administration degree in Finance from the University of Chicago. He graduated Cum Laude with a Bachelor of Arts degree in History and Japanese from Carleton College. He is a member of the Real Estate Investment Association of Chicago, the Chicago Real Estate Council and the University of Chicago Alumni in Real Estate. He resides in Chicago.