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| Vincent Chiodo |
UNIONDALE, NY – Arbor Realty
Trust, Inc. (NYSE:ABR), a leading multifamily and
commercial mortgage lender, recently funded a portfolio of loans totaling
$17.6M under the Fannie Mae Small Loans program in Cincinnati, OH. These are
all acquisitions with seven-year hybrid, two-year interest only terms.
Vincent Chiodo of Arbor’s New York City office originated the
loans.
“Arbor has a demonstrated expertise in the suite of FNMA
products that enables us to meet the needs of our diverse client base,” said
Chiodo.
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| The portfolio, funded by Arbor Realty Trust, Inc. (NYSE:ABR), consists of more than 300 apartment units similar to the one above in the Greater Cincinnati area |
“Our leadership role allows us to help our clients seize
timely opportunities, in this case, with Fannie Mae Small Loans in the thriving
Cincinnati market.”
The portfolio consists of more
than 300 apartment units in the Greater Cincinnati area. While the properties
vary in terms of characteristics and locations, most feature amenities such as
pools, patios and balconies; central heating and air; and convenient access to
shopping, restaurants and entertainment.
Contact:
Bina Handa
Tel: 516.506.4229
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