Monday, March 11, 2019

Arbor Funds $2.8 Million Freddie Mac SBL Deal in Carson, CA


                                     
Eugene Yanovskiy

UNIONDALE, NY– Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac SBL deal in Carson, CA. Sky South Bay, a 13-unit multifamily property, received $2.8M in funding through the program with a five-year hybrid term.

Eugene Yanovskiy of Arbor’s New York City office originated the loan.

Sky South Bay Apartments, Carson, CA
“This Freddie Mac SBL execution allowed the borrowers to remove their expensive construction debt on their recently stabilized asset with a great permanent loan,” said Yanovskiy. “The newly built, luxury boutique property is in a prime location and offers residents a relaxed and chic lifestyle in the South Bay region.”

Built in 2018, Sky South Bay offers Studio+, 1BR and 2BR residences with private patios or rooftop decks. Interior amenities include designer kitchens featuring quartz countertops and stainless steel appliances; central heating and air conditioning; in-unit washers and dryers; and secure on-site parking.

The property is within an easy commute to downtown Los Angeles, UCLA Medical Centerand LAX.

Contact:

Bina Handa
Tel: 516.506.4229

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