Sunday, January 27, 2019

Arbor Funds $7.5 Million Freddie Mac SBL Refinance Deal in Sumner, WA

Cavalla Apartment Homes, Sumner, WA

UNIONDALE, NY– Arbor Realty Trust, Inc. (NYSE:ABR),  a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac SBL deal in Sumner, WA.

Cavalla Apartment Homes, a 72-unit multifamily property, received $7.5M in funding through the Freddie Mac SBL program. The refinance deal features a 10-year hybrid term.

Jonathan Chaim
Jonathan Chaim, of Arbor’s New York City office, originated the loan.

“This deal reflects the innovative solutions Arbor is able to customize for its clients,” said Chaim. “We were proud to execute this high quality loan in the Seattle–Tacoma–Bellevue, WA Metropolitan Statistical Area, one of the most populated regions in the country and a top Freddie Mac market.”

Built in 2005, Cavalla Apartment Homes offer beautiful two-story residences with gourmet kitchens, washer/dryer units, personal garages, tiled fireplaces, private balconies and a shared gazebo.


Bina Handa
Tel: 516.506.4229