Ronen Abergel |
UNIONDALE,
NY (June 15, 2015) - Arbor Commercial Mortgage, LLC (“Arbor”), a national,
direct commercial real estate lender, announced the recent funding of 35 loans
totaling $378,226,200 across New York,
Texas, Tennessee, Florida and other markets under the Fannie Mae Delegated
Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS® ARM 7-6™, Fannie Mae
DUS® Small Loan, Fannie Mae DUS® Multifamily Affordable Housing, Freddie Mac
Loan, Freddie Mac Small Balance Loan, Arbor Realty Trust Bridge Loan, CMBS Loan
and FHA 223(f) programs.
Ronen
Abergel, Vice President in Arbor’s New York office, originated the loans.
“Arbor has
the ability to lend nationwide using various executions. Having such
flexibility allows our clients to rest easy since one way or another, their
deal always gets closed,” Abergel said.
New York -
$171M
· Multifamily Property, Watertown, NY –
This 242-unit multifamily property received $36,750,000 funded under the CMBS
Loan product line. The 10-year acquisition loan amortizes on a 30-year
schedule.
· Multifamily Property, Liverpool, NY –
This 208-unit multifamily property received $30,000,000 funded under the CMBS
Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
Gateway Apartments, Cheektowaga, NY |
· Multifamily Property, Cheektowaga, NY
– This 528-unit multifamily property received $23,500,000 funded under the
Arbor Realty Trust Bridge Loan product line.
· 111 East Avenue, Rochester, NY – This
multifamily property received $22,800,000 funded under the Freddie Mac Loan
product line. The 10-year refinance loan amortizes on a 30-year schedule.
· Multifamily Property, Cheektowaga, NY
– This 347-unit multifamily property received $17,500,000 funded under the
Arbor Realty Trust Bridge Loan product line.
· Garden Village Apartments Cheektowaga,
NY – This 315-unit multifamily property received $16,937,000 funded under the
Freddie Mac Loan product line. The 10-year refinance loan amortizes on a
30-year schedule.
For a complete copy of the company’s
news release, please contact:
Christopher
Ostrowski
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