UNIONDALE, NY (May 21, 2018) – Arbor
Realty Trust, Inc. (NYSE:ABR), a real estate
investment trust and national direct lender specializing in loan origination
and servicing for multifamily, seniors housing, healthcare and other diverse
commercial real estate assets, recently funded a Fannie Mae DUS deal in
Houston, TX.
Casa del Mar, a 354-unit apartment community
received $21,477,000 for refinance cash out under a Fannie Mae DUS loan
program. The deal was structured with a 7-6 ARM product on a 30-year
amortization schedule.
Brian Scharf of Arbor’s Uniondale office
originated the loan. “This high leverage
loan reflects a combination of the agency’s commitment in 2018 to win
business, as well as Arbor’s ability to structure a loan that satisfied all
of the borrower’s goals,” Scharf stated.
Located off I-45 north of Downtown Houston, this pet-friendly
community offers multiple one and two bedroom floor plans. Amenities include
two swimming pools, spa, tennis court, laundry facilities, playground and
clubhouse in a beautifully landscaped gated community.
|
For more
information, please contact:
Bina Handa
Tel:
516.506.4229
Arbor
Realty Trust, Inc.
333 Earle
Ovington Blvd, Suite 900
Uniondale,
NY 11553
800.ARBOR.10
No comments:
Post a Comment