Arbor Commercial

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Arbor Commercial Reviews

Updated December 20, 2014
Updated December 20, 2014
14 Reviews
2.0
14 Reviews
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Ivan Kaufman
4 Ratings

Employee Reviews

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  1.  

    Great company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accountant in Uniondale, NY
    Current Employee - Accountant in Uniondale, NY

    I have been working at Arbor Commercial full-time (more than a year)

    Pros

    Great place to work really nice people

    Cons

    So many cubicals I get lost

    Advice to ManagementAdvice

    Move us to the eighth floor sooner

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    A place like no other

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Arbor Commercial full-time

    Pros

    Most of the people and the individual departments are great. Fast Paced and never a dull moment.

    Cons

    The silo's are unbelievable. The change of pace in the direction of the company changes daily, and everyone in on a need to know basis, which in managements position is NEVER. Company does not value its employees or hard work. Company spends money on the wrong things.

    Advice to ManagementAdvice

    Look in the Mirror

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Arbor Commercial full-time (more than a year)

    Pros

    small company with good exposure to commercial real estate nationwide

    Cons

    Long term tenure and benefits are tough

    Advice to ManagementAdvice

    NOne

    No opinion of CEO
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  5. 1 person found this helpful  

    Just don't do it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Arbor Commercial full-time

    Pros

    Being an underwriting/screening analyst is a great first job out of college. You learn a ton since you see so many deals and work through so many issues. In the Boston office, there is a great group of people right out of college all going through the same thing. It's like doing a post-grad year. Plus it sets the bar ridiculously low for any other job you might have throughout your life, and gives you access to the extensive network of other dissatisfied former Arbor employees.

    Cons

    Training is non-existent, they throw you to the wolves and fire you if you get eaten alive.
    The company culture is dog eat dog and management encourages in-fighting. This creates a total blame culture and if you are wondering who the next scapegoat is, it will probably be you.
    They invented the term "penny wise and pound foolish."
    Management...excuse me, "Management" changes their minds every few months about the direction of the company. I've never seen anything like it. Like the weather, if you don't like Arbor, stick around 5 minutes, it will change.
    New company "directives" are poorly communicated and thought out. There is no long-term plan, and if they ever had one, they would change it in a month or two anyway.
    The upshot is that it's a very transient and impermanent place, which is driven by "Management" .

    Advice to ManagementAdvice

    Employees are not unfortunate side effects of a business, they ARE your business. Figure out a long term plan and stick with it. Don't just fire entire groups of people because you're in a bad mood. Google the phrase "employee morale" sometime. Figure out what it is and how it could be beneficial to you.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Shirking upper Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriting Analyst in New York, NY
    Former Employee - Underwriting Analyst in New York, NY

    I worked at Arbor Commercial full-time (less than a year)

    Pros

    The hours were more then decent

    Cons

    People there only exist to pass the buck, the culture is lacking, there is no energy on in the office

    Advice to ManagementAdvice

    Stronger leadership is needed, don't be penny wise and pound foolish

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    I greatly enjoyed my time at Arbor. Very talented and professional group of finance professionals.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Arbor Commercial

    Pros

    The people that work at Arbor are very talented and aggressive. It created a very rewarding working environment. On the occasions that I was able to visit the main offices in NYC, Uniondale and Boston were very informative and enjoyable.

    Cons

    I was located in an office in Atlanta at a time where FNMA was very tentative to underwrite loans in the markets I covered. This was more a function of the current market dynamics at the time than a position taken by Arbor. I would consider working for them again in any market and in almost any capacity.

    Advice to ManagementAdvice

    None. Keep doing what you're doing and when the market comes back you will be there!

  8. 1 person found this helpful  

    Unorganized, unprofessional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Arbor Commercial full-time (more than a year)

    Pros

    None - No one in any upper level position understands the full circle of what they're responsible for.

    Cons

    HR department is incompetent. God forbid you have to leave on disability. Forms requested numerous times that were never sent prior to leaving, needed to get them from another employee who had a baby. They say they never receive faxes/emails - even when presented with their own read receipts. When going over their head to the actual insurance company, you get contradictory information. So either HR has no idea what they get from the insurance company or they don't know what they should be following up on. Consequently, the doctor had to waste their time with multiple sendings due to HRs incompetence. Oh, and the last conference, the CEO made it clear that they have better lawyers than you do, so don't bother suing.
    Management makes processes more complicated than they need to be - theres a reason for the acronym KISS. It seems like 10% of the people do 90% of the work. I've never seen people take so many coffee breaks and long lunches. Very unprofessional environment - dressing formal doesn't make a professional office. If you have no dignity and can kiss managements butt, you will be promoted. Otherwise, there is no room for advancement - what you get hired as is what youll be.

    Advice to ManagementAdvice

    Consistency - KISS - Hire people that actually know what they're doing for that position

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Devalues your resume

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Boston, NY
    Former Employee - Anonymous Employee in Boston, NY

    I worked at Arbor Commercial full-time

    Pros

    None - do not bother working for this company. It will devalue your resume. I would rate this company zero stars across the board if there was the option.

    Cons

    1.) Unprofessional environment; 2.) No opportunity for career advancement - there are clear favorites who know very little about real estate & only appear to work hard when certain people are around yet they get promoted; 3.) Employees including management frequently throw other colleagues under the bus; 4.) Management only appreciates & favors employees who kiss butt - work ethic & quality comes second to how well you can kiss butt; 5.) Worst "so-called" management in the real estate industry - they have no clue on how to manage people & promote a positive work environment; 6.) Management lacks communication skills & has no patience to help others when asked unless you are considered a "favorite" as they only want to see certain people succeed.

    Advice to ManagementAdvice

    Replace management & hire qualified managers who are true leaders & values employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 2 people found this helpful  

    Underwriting Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Arbor Commercial

    Pros

    There are no pros to working in the underwriting department.

    Cons

    The company is a revolving door. Either people are always leaving or they are firing employees for no good reason. They under-pay and overwork their employees. I would say that more than half the underwriting division was looking for a new job. Worse company I have ever worked for.

    Advice to ManagementAdvice

    Instilling a "No Complaining" rule is ridiculous. Deal with the reasons why your employees are complaining, maybe then it wouldn't be necessary to implement such a rule!

  11.  

    Ok place to learn the fundamentals of real estate but you'll quickly plateau.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriting Analyst in New York, NY
    Current Employee - Underwriting Analyst in New York, NY

    I have been working at Arbor Commercial full-time (more than a year)

    Pros

    The work allows you to get into the nuts and bolts of analyzing multi-family real estate. High volume shop that will keep you buried in work so you'll learn a lot in a short period of time. It appears that management has been improving however, there's still a lot of room for improvement.

    Cons

    Processes and paperwork can be excessive which takes away from meaningful work. The work environment is like a graveyard, a place where your hopes and dreams go to die. Seriously, they could do a lot more to increase morale and promote a more positive atmosphere.

    The company has trouble retaining employees so there's been a lot of turnover. Technology is dated and at times severely decreases productivity.

    Limited exposure to any asset class other than multi-family.

    Advice to ManagementAdvice

    Eliminate inefficient redundant processes. Update company technology and servers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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